Crypto King Spent $16.3 Million Of Investor Funds On Luxury Lifestyle, Court Hears

Crypto King Spent $16.3 Million Of Investor Funds On Luxury Lifestyle, Court Hears

Summary

A forensic accountant testified in a Canadian court that Aiden Pleterski collected about $36.3 million from investors, with roughly $16.3 million allegedly spent on personal expenses and comparatively little directed to trading accounts. Prosecutors say the handling of funds misrepresented how investor money was used. Pleterski has pleaded not guilty, and his criminal trial is ongoing; the testimony is not a conviction.