Friday 30 October 2026

Business · Canada · 14 h ago

Crypto King faces fraud trial after admitting fund never existed

Photo: Toronto Star

The short version

Summary by teebeenews AI from 5 of 7 articles · written 11:29 am ET

  • Aiden Pleterski admitted in a June 2022 recording that his $300 million fund never existed.
  • Pleterski addressed the jury for the first time during his fraud trial, stating he is innocent.
  • The Crown described Pleterski as a thief who stole investor money and used it as he pleased.
  • An emotionally charged meeting between Pleterski and angry investors was recorded and played in court.
  • Pleterski told the jury he would have proven his innocence if he had a lawyer.

What we don’t know yet

  • Why Pleterski chose to represent himself in the trial.
  • Whether the judge's comment 'I am not fooled' refers to the defendant's conduct or the evidence.
  • The final outcome of the trial and the potential sentence if convicted.

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Coverage compared

How outlets across the spectrum headlined this story

Left · 2

Centre · 0

No centre-rated outlet has covered this yet.

Right · 0

No right-leaning outlet has covered this yet.

How coverage grew

  1. First reported by CBC News ‘Crypto King’ trial hears recording of Aiden Pleterski admitting $300M fund ‘never existed’

  2. Toronto Star ‘Crypto King’ trial hears tape of angry investor confrontation — ‘If he gets whacked, everybody’s a suspect’

All 7 articles