Did 'crypto King' take $35 million from investors in Ontario?

A 23-year-old self-described 'Crypto King' is facing allegations that he took at least $35 million from investors in Ontario, only for that money to disappear. Creditors are now trying to figure out where it all went.

Who is 'crypto King'?

Self-described “Crypto King” from Whitby, Ontario, Canada allegedly owes at least $35 million to investors in purported cryptocurrency scam. A 23-year-old self-described “Crypto King” from Whitby, Ontario, a town east of Toronto, allegedly owes at least $35 million to investors in what is shaping up to be a cryptocurrency scam.

Who is 'crypto King' Aiden Pleterski?

A 23-year-old Canadian who calls himself the "Crypto King" reportedly had $2 million worth of assets seized as he's being sued over allegations he defrauded investors. The seized assets of the man, Aiden Pleterski, include his Lamborghini, two McLarens, and two BMWs, CBC Toronto first reported.

Did Pleterski actually invest 2% of a 'crypto King'?

According to the report, Pleterski actually invested less than 2% of the funds. A self-proclaimed “crypto king” was reportedly kidnapped and endured days of torture from attackers allegedly seeking a multi-million-dollar ransom.