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Aiden Pleterski, dubbed "Crypto King," faces fraud and money laundering charges as his criminal trial begins in Toronto. The 27-year-old pleaded not guilty ahead of jury selection on Monday; a panel of 14 people was chosen, with only 12 to deliberate at the end. Police allege that between July 2020 and July 2022, Pleterski ran a multimillion-dollar fraud scheme involving cryptocurrency investments. The trial is expected to last a month, with more than a dozen witnesses set to testify.
Written locally by qwen2.5:14b on 2026-10-06,
using this article's own text rather than the other coverage of the
same event (that is the story summary below).
Story summary
The fraud trial of Aiden Pleterski, who has dubbed himself the "Crypto King," began on Tuesday in Toronto. On Monday, a jury consisting of seven men and seven women was selected for his case at the Ontario Superior Court. The 27-year-old Pleterski pleaded not guilty to charges including fraud over $5,000 and money laundering related to an alleged multimillion-dollar scheme that ran from July 2020 to July 2022. He is representing himself during this trial, which prosecutors estimate will last a month.
Pleterski was arrested in May 2024 following Project Swan, a joint investigation by the Durham Regional Police and the Ontario Securities Commission. The investigation uncovered that Pleterski had received millions of dollars from investors to invest in cryptocurrency and foreign exchange but failed to return their funds, leading some investors to declare him bankrupt as early as summer 2022. This case highlights significant concerns about crypto fraud and investor protection.
Written for “Crypto Fraud Trial Begins” on 2026-10-06,
grounded in this article and the 0 other(s) covering the same event.
‘Crypto King’ Aiden Pleterski’s fraud trial begins in Toronto
Jury of 7 men, 7 women selected Monday afternoon
asserted
Jury → begin → men
Self-described "Crypto King" Aiden Pleterski's criminal trial will begin Tuesday morning in Toronto.
asserted
trial → describe → Toronto
Pleterski, 27, pleaded not guilty to fraud of over $5,000 and money laundering ahead of jury selection in Ontario Superior Court on Monday.
asserted
Pleterski → plead → Monday
He’s representing himself at trial.
asserted
He → represent → trial
A jury of seven men and seven women was selected Monday afternoon.
asserted
jury → select → men
Justice Shaun Nakatsuru decided on 14 people, given the trial is expected to last a month.
asserted
trial → decide → people
However, only 12 jurors will deliberate at the end of the case.
asserted
jurors → deliberate → case
Pleterski was arrested in May 2024, after a lengthy joint investigation by Durham Regional Police and the Ontario Securities Commission dubbed Project Swan.
uncertain
Pleterski → arrest → Police
Police alleged Pleterski operated a multimillion-dollar fraud scheme with funds he received from investors between July 2020 and the end of July 2022.
asserted
he → allege → July
CBC Toronto has reported extensively on Pleterski since the summer of 2022, when he was forced into bankruptcy by some of his investors trying to recover millions of dollars they gave him to invest in cryptocurrency and foreign exchange.
asserted
they → report → cryptocurrency
Crown prosecutors are expected to call more than a dozen witnesses over the course of the trial.
asserted
prosecutors → expect → trial
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