Aiden Pleterski denies fraud as trial nears jury deliberations
Key points
- Aiden Pleterski has denied fraud and money laundering charges as his Toronto trial reaches closing arguments.
- Prosecutors allege the self-described “Crypto King” misused investor funds during an investment scheme involving cryptocurrency and foreign exchange.
- The jury is expected to deliberate after receiving final instructions from the judge.
Aiden Pleterski faces jury deliberations after denying fraud and money laundering charges in a Toronto court, according to a report by CBC.
The 27-year-old faces allegations involving approximately C$30 million in investor funds raised between 2021 and 2022.
“I am innocent of these charges,” said self-described Crypto King Aiden Pleterski during his closing statement.
Prosecutors allege Pleterski promised investors returns from trading but spent their money on personal expenses instead.
Pleterski represented himself at trial and pleaded not guilty to the charges against him.
Court testimony detailed spending on luxury vehicles, credit card bills, travel and private jets during the alleged scheme.
The case follows a 2024 arrest after an investigation into alleged investment fraud involving cryptocurrency and foreign exchange.
The jury is expected to begin deliberations after receiving final instructions from Ontario Superior Court Justice Shaun Nakatsuru.
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