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Regulation

Crypto King Fraud Trial: Jury Decides Fate of Aiden Pleterski After “Thief” Closing Argument

Image: CoinCentral

TLDR Jurors in the Toronto fraud trial of self-described “Crypto King” Aiden Pleterski will begin deliberations Thursday after closing arguments. Pleterski, 27, is accused of defrauding social media followers of about $30 million between 2021 and 2022. An Ontario Securities Commission forensic accountant said investors gave him more than $36.3 million and none went to the trading platform. Prosecutors say a $311 million account never existed and that its highest balance was $12,000. Pleterski represented himself, told the jury he is innocent, and faces up to 14 years in prison if convicted. The criminal case against Aiden Pleterski, who calls himself the “Crypto King,” is headed to a jury. Closing arguments wrapped up this week in Ontario Superior Court in Toronto. Jurors are set to begin deliberations on Thursday.

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