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Home»Whitby»Ontario’s ‘Crypto King’ Fraud Trial Scheduled for 2026
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Whitby

Ontario’s ‘Crypto King’ Fraud Trial Scheduled for 2026

March 24, 20263 Mins Read
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Ontario’s ‘Crypto King’ Fraud Trial Scheduled for 2026
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A court in Toronto has set a trial date for Aiden Pleterski, the self-proclaimed “Crypto King” accused of defrauding investors out of more than $40 million.

Pleterski appeared via video in Ontario Superior Court on Wednesday afternoon wearing a black Green Day T-shirt. A judge announced that his four-week jury trial will start on October 5, 2026.

The 26-year-old is said to have only invested a fraction of the funds clients entrusted him with for cryptocurrency and foreign currency trading. Instead, he allegedly spent a large amount on luxury cars, vacations, and a lakeside mansion – all for himself.

Pleterski has denied the claims against him.

He was charged last year with fraud and money laundering. The Durham Regional Police described this case as their largest fraud investigation ever.

“It’s alleged that Pleterski solicited funds from investors promising massive profits and also guaranteeing no loss for the original money put out by investors,” said Durham police Chief Peter Moreira last year.

“These investors became concerned when they were unable to access money held by Pleterski and came forward to police.”

Complaints about Pleterski and his firm AP Private Equity in July 2022 led to a joint investigation between Durham police and the Ontario Securities Commission.

At that time, Moreira chose not to disclose how many investors had reached out to law enforcement.

WATCH | Self-proclaimed ‘Crypto King’ arrested:

What we know so far about the fraud charges against Ontario’s ‘Crypto King’

Aiden Pleterski, Ontario’s self-proclaimed Crypto King, is accused of bilking investors out of more than $40M. Police in Whitby, Ont., spoke to the media on Thursday after investigators charged him and an associate with fraud. CBC’s Angelina King breaks down what we know so far about the ongoing case.

Pleterski’s arrest last year was just one twist following a CBC Toronto investigation into the man from Whitby, Ont.

Previously, one of his investors was arrested for allegedly kidnapping Pleterski in December 2022. In the following year, Canadian NBA star Shai Gilgeous-Alexander successfully sued to cancel his $8.4 million purchase of the mansion where Pleterski once lived.

Pleterski was forced into bankruptcy by some investors during the summer of 2022.

On another note, he faces charges including assault, forcible confinement, and making threats related to an alleged intimate partner violence case. Documents filed in a Newmarket court show these charges stem from incidents involving a woman in nearby Vaughan back in January. No trial date has been set for those charges.

Pleterski was forced into bankruptcy by some investors in the summer of 2022.  (aiden_pleterski/Instagram)

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