‘Crypto King’ Aiden Pleterski’s fraud trial begins in Toronto
In this news:
Key takeaways
- Aiden Pleterski pleaded not guilty to fraud and money laundering charges.
- The trial in Ontario Superior Court is expected to last about a month.
- Pleterski is representing himself and facing allegations tied to a multimillion-dollar scheme.
Self-described “Crypto King” Aiden Pleterski's criminal trial will begin Tuesday morning in Toronto.
Pleterski, 27, pleaded not guilty to fraud of over $5,000 and money laundering ahead of jury selection in Ontario Superior Court on Monday.
He’s representing himself at trial.
Jury selection and trial duration
A jury of seven men and seven women was selected Monday afternoon. Justice Shaun Nakatsuru decided on 14 people, given the trial is expected to last a month. However, only 12 jurors will deliberate at the end of the case.
Pleterski was arrested in May 2024, after a lengthy joint investigation by Durham Regional Police and the Ontario Securities Commission dubbed Project Swan. Police alleged Pleterski operated a multimillion-dollar fraud scheme with funds he received from investors between July 2020 and the end of July 2022.
Background and upcoming proceedings
CBC Toronto has reported extensively on Pleterski since the summer of 2022, when he was forced into bankruptcy by some of his investors trying to recover millions of dollars they gave him to invest in cryptocurrency and foreign exchange.
Crown prosecutors are expected to call more than a dozen witnesses over the course of the trial.
Share the article:
.png)
Latest Crypto News
Top Trending Cryptocurrencies on The Market
Current Price
$117.29
Market Cap
$2.5B 1.68%
24h Volume
$22.0M
Supplies
21.0M / 21.0M
Current Price
$158.93
Market Cap
$2.5B 4.18%
24h Volume
$247.4M
Supplies
16.0M / 16.0M
Current Price
$1.141
Market Cap
$2.4B 0.01%
24h Volume
-
Supplies
2.1B / ∞
Current Price
$1.000
Market Cap
$2.4B 0.00%
24h Volume
$131.2M
Supplies
2.4B / ∞
Current Price
$1.150
Market Cap
$2.4B 0.18%
24h Volume
$4.8M
Supplies
2.0B / ∞
Current Price
$0.004959
Market Cap
$2.3B 10.43%
24h Volume
$106.9M
Supplies
827.7B / 1.0T
Current Price
$0.4681
Market Cap
$2.3B 5.87%
24h Volume
$137.5M
Supplies
10.0B / 10.0B
Current Price
$1.511
Market Cap
$2.3B -16.39%
24h Volume
$46.5M
Supplies
10.0B / 10.0B
Current Price
$0.5739
Market Cap
$2.2B 1.48%
24h Volume
$321.1M
Supplies
10.0B / 10.0B
Current Price
$1.000
Market Cap
$2.2B 0.00%
24h Volume
-
Supplies
2.2B / ∞
Current Price
$1.180
Market Cap
$2.0B 2.40%
24h Volume
$215.1M
Supplies
1.7B / 2.1B
Current Price
$0.000004693
Market Cap
$2.0B 4.64%
24h Volume
$182.6M
Supplies
420.7T / 420.7T