Crypto King Fraud Trial

What happened

The outlets' own sentences, most widely reported first. Hover or tap one to see who reported it.

Analysis

How it changed

1. 6 Oct

   Pleterski, 27, pleaded not guilty to fraud of over $5,000 and money laundering ahead of jury selection in Ontario Superior Court on Monday.

   2 outlets · CBC
2. 7 Oct

   Patterson told jurors that in June of 2020, Pleterski was living at his parents’ house, working at a car rental agency and driving a Honda Civic.

   2 outlets · Toronto Star

Coverage 5 articles

• 10 Oct Former ‘Crypto King’ associate tells court how he discovered millions owed to investors was missingMitchell Learning, who was close to Aiden Pleterski during his rise as the “Crypto King,” testified in Toronto about discovering that millions of dollars from investors were missing from Pleterski’s trading accounts. Learning met Pleterski in 2014 and invested $400,000 with him by 2020, promoting Pleterski to friends and family. As an insider, Learning helped manage investor relations but grew concerned when…Toronto Star
• 8 Oct Self-represented ‘Crypto King' tells his Ontario fraud trial: ‘I need a lawyer’Aiden Pleterski, dubbed the “Crypto King,” is on trial in Ontario for fraud and money laundering related to what prosecutors claim is a Ponzi scheme. During his self-representation in court, Pleterski declined to cross-examine witnesses who accused him of defrauding them out of large sums of money. He then told the judge he needs a lawyer, prompting the jury to be excused while the matter was discussed privately…Toronto Star
• 8 Oct Trial for self-proclaimed ‘Crypto King’ hears from investors he allegedly bilkedAiden Pleterski, known as the "Crypto King," is on trial for fraud and money laundering charges in Ontario. Testimonies from investors indicate that Pleterski promised weekly returns of three percent when they invested hundreds of thousands of dollars, but these funds were allegedly used to support his lavish lifestyle instead. Crown Counsel Scott Patterson revealed that between 2020 and the spring of 2022…Global News
• 7 Oct 'Crypto King' sold investors on returns of 5% a week — he spent their money instead: Crown saysOntario’s “Crypto King,” Aiden Pleterski, faces charges of defrauding investors and money laundering for allegedly guaranteeing 5% weekly returns on investments while living lavishly. Prosecutors claim he used investor funds to buy luxury cars, travel by private jet, and accrue millions in credit card debt instead of investing the money as promised. In June 2020, Pleterski was working at a car rental agency and…Toronto Star
• 6 Oct ‘Crypto King’ Aiden Pleterski’s fraud trial begins in TorontoAiden Pleterski, dubbed "Crypto King," faces fraud and money laundering charges as his criminal trial begins in Toronto. The 27-year-old pleaded not guilty ahead of jury selection on Monday; a panel of 14 people was chosen, with only 12 to deliberate at the end. Police allege that between July 2020 and July 2022, Pleterski ran a multimillion-dollar fraud scheme involving cryptocurrency investments. The trial is…CBC

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