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Canada's'Crypto King 'and his associates arrested, charged with involvement in $30 million Ponzi scheme fraud

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2024-05-15 23:45:26
Two Canadian men have been arrested and charged with fraud for allegedly defrauding investors of 40 million Canadian dollars (about $30 million) in a cryptocurrency and foreign exchange investment scheme. Aiden Pleterski, 25, a self-proclaimed "king of cryptocurrencies," has been charged with fraud and money laundering for his involvement in an alleged Ponzi scheme. His colleague, 27-year-old Colin Murphy, has been charged with fraud, the Ontario Securities Commission announced Wednesday.
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