Canadian ‘crypto king’ Aiden Pleterski arrested

By CNN Newsource

Published May 15, 2024 9:44 AM

By Hannah Alberga

TORONTO (CTV Network) — Aiden Pleterski, the self-proclaimed ‘crypto king’ from Whitby, Ont., was arrested in Durham Region after allegedly running a Ponzi scheme worth more than $40 million.

Court documents obtained by CTV News Toronto show Pleterski was charged with fraud over $5,000 and money laundering on May 2 before he was released on bail on Tuesday.

Several victims who invested with Pleterski were notified of his arrest in an email obtained by CTV News Toronto from the Ontario Securities Commission on Wednesday morning.

Durham Regional Police Service and the Ontario Securities Commission will be holding a news conference on Thursday to announce “Project Swan,” focused on Pleterski’s alleged criminal activity.

This is a breaking news story. More details to come.

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ctvnews.caproducers@bellmedia.ca

Article Topic Follows: CNN - Regional

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