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Canada's "Crypto King" Fraud Case Moves to Jury Deliberation

Oct 29, 09:28

On October 29, according to Cointelegraph, Canada's self-styled "King of Crypto" Aiden Pleterski is accused of running a digital asset Ponzi scheme, and his criminal case was submitted to the jury for deliberation following closing arguments. According to CBC on Wednesday, after Presiding Judge Shaun Nakatsuru delivered his final instructions, the jury will begin deliberations on Thursday. Pleterski is alleged to have defrauded his social media followers of approximately $30 million between 2021 and 2022. He was charged with fraud in 2024, has been awaiting trial for over two years, and has chosen to represent himself. According to CBC, Pleterski said, "I am not guilty of these charges, which is why I pleaded not guilty." If convicted, the fraud charge carries a maximum sentence of 14 years in prison.

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