Crypto King Spent $16.3 Million Of Investor Funds On Luxury Lifestyle, Court Hears
Photo: Bitcoinist
TL;DR: A Canadian court has heard evidence that self-described Crypto King Aiden Pleterski spent about $16.3 million of investor money on personal expenses. He has pleaded not guilty, and the criminal trial remains ongoing. A Canadian court has heard striking testimony about luxury spending allegedly financed by money entrusted to a self-described cryptocurrency trading expert. A forensic accountant said Aiden Pleterski received tens of millions of dollars from investors while comparatively little of the money was directed to trading accounts. The evidence described expenditures on expensive vehicles, travel and other personal expenses.
Source: Bitcoinist
