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‘Crypto King’ spent $16.3M of investor funds on cars, credit cards, jets, security, accountant testifies

‘Crypto King’ spent $16.3M of investor funds on cars, credit cards, jets, security, accountant testifies

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Self-described “Crypto King” Aiden Pleterski spent nearly half of the $36.3 million investors gave him on himself and paid out about the same amount to investors as returns between 2020 and 2022, according to a senior forensic accountant who testified at his trial in Toronto’s Superior Court on Friday.

Albert Ciorma, who works for the Ontario Securities Commission (OSC), told the court that none of the funds Pleterski received from investors were ever sent to FXChoice — the trading platform their contracts said he’d…

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