Jury Deliberations to Begin for Canadian ’Crypto King’
Prosecutors say Aiden Pleterski took more than $36.3 million from investors and spent it on luxury vehicles, travel and other personal expenses.
- Following final instructions from Justice Shaun Nakatsuru, the jury began deliberations today in the Toronto fraud trial of self-described 'Crypto King' Aiden Pleterski.
- Pleterski allegedly led a Ponzi scheme involving digital assets that defrauded social media followers of about $30 million between 2021 and 2022.
- Forensic accountant Albert Ciorma testified investors provided more than $36.3 million, yet none reached FXChoice; instead, Pleterski spent about $5.6 million on luxury vehicles and $4.9 million on credit card bills.
- Crown prosecutor Akshay Aurora argued Pleterski used investor money to fund a lavish lifestyle, while the defendant addressed the jury to maintain his innocence.
- If convicted, the 27-year-old faces a potential prison sentence of up to 14 years, concluding a lengthy investigation into his investment scheme.
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The New York Ledger
Canadian ‘crypto king’ case to go to jury as criminal trial winds down
Aiden Pleterski, facing fraud charges in Canada over his alleged role in a digital asset Ponzi scheme, said that he was innocent at closing. The criminal case of Aiden Pleterski, the self-described “crypto king” who was allegedly behind a Ponzi scheme involving digital assets, will go to jury deliberations after closing arguments this week. According to Wednesday reporting from CBC, the jury overseeing Pleterski’s case will begin deliberations …
Toronto's "King of Crypto" Trial: Crown concludes Aiden Pleterski has robbed investors for more than $36 million in Ontario from 2020 to 2022
'Crypto King' Aiden Pleterski addresses jury at his fraud trial for first time, says he's innocent
Self-described "Crypto King" Aiden Pleterski addressed the jury for the first time at his Toronto fraud trial, thanking them, in his brief closing statement Wednesday morning.
Aiden Pleterski Fraud Trial Goes to Jury After $36M Evidence
Aiden Pleterski’s criminal fraud trial has reached jury deliberations after prosecutors argued that more than $36 million provided by investors never reached the cryptocurrency trading platform where the money was supposed to be invested. The jury in Ontario Superior Court is expected to decide whether Pleterski, the self-described “Crypto King,” committed fraud involving investors who entrusted him with money between 2021 and 2022. The prosecut…
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