December 8, 2022

  • CBC Toronto reports that Aiden Plattersky, who calls himself the “King of Cryptocurrency,” has had $2 million in assets confiscated.
  • Plattersky has reportedly received $35 million from 140 investors.
  • Now, he has been sued by former investors in a bankruptcy lawsuit and two civil lawsuits.

A 23-year-old Canadian who calls himself “Crypto King” has reportedly had $2 million in assets seized while being sued over allegations that he defrauded investors.

The confiscated assets of the man, Aiden Pleterski, include his Lamborghini, two McLarens, two BMWs, CBC Toronto first reported it.

Investors told the publication that at least $35 million awarded to Pleterski’s company, AP Private Equity Limited, has disappeared. Twenty-nine creditors You have bankruptcy proceedings against Blitersky, and says he owes them about $13 million, including one 65-year-old woman who told CBC Toronto she had invested $60,000 that she was keeping for her grandchildren’s education.

Norman Grote, founder of Investigation Counsellation PC, He told CBC Toronto The bankruptcy proceedings against Plitersky, who started investing in cryptocurrency as a teenager, were One of the only ways Investors can try to get their money back.

Since then, Plitersky has owned his assets and his bank frozen accountsaccording to the report.

Pletersky was reportedly renting a lakefront mansion in Burlington, Ontario Spend $45,000 a month for promotional articles about the same on websites like Forbes publication in Monacoand the far right Publish Daily Caller.

Biltersky’s lawyer He told CBC Toronto That Plitersky believes the allegations against him by previous investors are “greatly exaggerated.”

“Shockingly, no one seems to bother thinking about what will happen if the cryptocurrency market goes down or whether Aiden, as a very young guy, is qualified to handle these kinds of investments.” He told CBC Toronto. He added that Plitersky “is cooperating with the bankruptcy process and hopes that it will be done in the most equitable way for all involved.”

Insider reached out to Bletersky’s attorney for additional comment, but did not immediately receive a response prior to publication.

In a meeting with creditors, Blitersky He reportedly told them He was “very disorganized” and did not keep records of his investments. His trustee told the creditors that Pletersky He said he lost money CBC Toronto reported that he received between late 2021 and early 2022 “in a series of margin calls and bad deals.”

At the moment, Plattersky has no criminal charge against him, Gizmodo Reportsbut is facing bankruptcy proceedings and two civil cases.

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