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Canada’s Bankrupt Crypto King Kidnapped, Tortured & Threatened for Ransom

Also, he reportedly spent most of the investors' money to maintain his lavish lifestyle and buy supercars like Ferraris, Audis, and Lamborghinis.

Written By:
Rajpalsinh

Last updated: March 27, 2023 9:45 AM
Published March 27, 2023 9:45 AM
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Last updated: March 27, 2023 9:45 AM
Published March 27, 2023 9:45 AM
Canada’s Bankrupt Crypto King Kidnapped, Tortured & Threatened for Ransom

Canada’s 24-years old self-proclaimed Crypto King, Aiden Pleterski was kidnapped, tortured, and beaten up for ransom in December, revealed in the latest trustee report from bankruptcy proceedings against him. 

Last August, Pleterski was declared bankrupt and now faces allegations of operating an investment scam, according to sources.

Pleterski had told investors he would pool their money together and invest it in cryptocurrency and foreign exchange positions. Pleterski had informed his investors that he would combine their funds and use them to invest in positions related to foreign exchange and cryptocurrency.

Authorities investigating Aiden Pleterski’s embezzlement activity found that he only invested 2% out of the $41.5 million that investors gave him and most of it was spent on his extravagant lifestyle. This includes renting private jets, and purchasing luxurious vehicles such as “​​a Ferrari, four Audis, three Lamborghinis, three McLarens, a Land Rover, and a BMW.”

The report says Pleterski got kidnapped in the middle of the night last December, relating to his father’s statement. His father said to the trustee that he was driven around Southern Ontario, beaten, and tortured. 

Pleterski’s father informed the trustee, “They basically held him for approximately three days, drove him around different various parts of Southern Ontario, beat him, tortured him, allowed him to make specific phone calls to specific people only.”

Pleterski’s landlord also allegedly mentioned that Pletersk called him for $3 million to give to his kidnappers. 

However, the document said that the kidnappers released him after a few days on the condition that he would return with money and will stay away from the Police.

Also Read: Indian Narcotics Authority Ordered Binance to Freeze Account of ‘Crypto King’ In Drug Case

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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By Rajpalsinh
Meet Rajpalsinh, a Content Writer at The Crypto Times, where his magical hands, with over 2 years of experience, transform the cryptic world of crypto into laughably simple tales.

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