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Canadian Crypto King Aiden Pleterski Found Guilty of Fraud

Canadian Crypto King Aiden Pleterski Found Guilty of Fraud

First seen 30 Oct 2026, 13:17 UTC • •
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ThreatCluster AI
ThreatCluster •October 30, 2026 at 13:47 UTC
  • •Aiden Pleterski was convicted of defrauding investors of over C$36 million.
  • •The trial included testimonies from over a dozen witnesses, highlighting his lavish spending.
  • •Pleterski faces a maximum sentence of 14 years in prison.

Aiden Pleterski, known as the 'Crypto King,' was found guilty of fraud by a Toronto jury on October 28, 2026. The jury deliberated for only hours before convicting him of defrauding investors of over C$36 million, using the funds for personal luxuries including private jets and luxury vehicles. Pleterski, who represented himself during the trial, pleaded not guilty and presented no evidence. The fraud charge stems from a Ponzi scheme that allegedly took place between 2021 and 2022. Prosecutors presented testimonies from over a dozen witnesses, including victims and financial experts. Pleterski faces a potential prison sentence of up to 14 years. The case is one of the largest fraud cases in the region, according to local authorities. Pleterski's trial followed a lengthy investigation by Durham Regional Police and the Ontario Securities Commission, which began in 2024.

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Timeline

2024-05-01
Charges filed against Pleterski
Aiden Pleterski was charged with fraud and money laundering following a joint investigation.
Cointelegraph
2026-10-28
Pleterski found guilty of fraud
A jury convicted Aiden Pleterski after hearing evidence of his fraudulent activities and lavish spending.
BBC

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Common questions

What was Pleterski accused of?
Aiden Pleterski was accused of defrauding investors in a Ponzi scheme, stealing over C$36 million.
What is the potential sentence for Pleterski?
If convicted, Pleterski faces a maximum prison sentence of 14 years.
How did Pleterski defend himself?
Pleterski represented himself in court, pleaded not guilty, and presented no evidence during the trial.