Crypto Times Logo Black
Google News Follow Banner
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • DeFi News
    • Blockchain News
    • Industry
  • Exclusive
    ExclusiveShow More
    Crypto Tax Overhaul What Congress’s New Framework Means for 60M Americans
    Crypto Tax Overhaul: What Congress’s New Framework Means for 60M Americans
    One Laptop, $36 Million, and a Token Collapse Inside the Humanity Protocol Exploit
    Humanity Protocol $36M Exploit: 447M $H Hit After Laptop Breach and Multisig Failure
    SpaceX IPO: Kraken, Bybit, Coinbase, & Binance Lead the Crypto Rush
    SpaceX IPO: Kraken, Bybit, Coinbase, & Binance Lead the Crypto Rush
    Crypto’s Biggest Hypocrite Arthur Hayes Shills Tokens Then Dumps on His Followers
    Crypto’s Biggest Hypocrite: Arthur Hayes Shills Tokens Then Dumps on His Followers
    From Betting to Trading: How FIFA World Cup is Supercharging Prediction Markets
    From Betting to Trading: How FIFA World Cup is Supercharging Prediction Markets
  • Opinion
    OpinionShow More
    The Arthur Hayes Paradox Macro Prophet or Market Opportunist
    The Arthur Hayes Paradox: Macro Prophet or Market Opportunist?
    RBI Denies Gold Sale Amid Oil Crisis: Could It Speed Up India's Digital Rupee Push?
    RBI Denies Gold Sale Amid Oil Crisis: Could It Speed Up India’s Digital Rupee Push?
    The CLARITY Act War Starts Jamie Dimon Vs Armstrong
    The CLARITY Act War Starts: Jamie Dimon Vs Armstrong
    Is Crypto Dying, or Is Pump.fun Turning It Into an Attention Casino
    Is Crypto Dying, or Is Pump.fun Turning It Into an Attention Casino?
    CoinSwitch on TMKOC India Saw a ₹100 Crypto Pitch, But Not the Risks Behind It_
    CoinSwitch on TMKOC: India Saw a ₹100 Crypto Pitch, But Not the Risks Behind It
  • Learn
    • Explained
    • How To
    • Insights
  • Podcasts
  • More
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
The Crypto TimesThe Crypto Times
  • All News
  • Market
  • Bitcoin
  • Ethereum
  • Altcoins
  • Regulations & Policies
  • Blockchain
  • DeFi
  • Industry
  • Exclusive
  • Opinion
Search
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • Blockchain
    • DeFi
    • Industry
    • Exclusive
    • Opinion
  • Learn
    • Explained
    • How To
    • Insights
  • Quick Links
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
    • AI Policy
    • Sponsored & Advertorial Policy
  • Podcasts
Follow US
© 2026 By Crypto Times. All Rights Reserved.
Market News

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 2023-03-27
Share
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.

Follow The Crypto Times on Google News to Stay Updated!      Google News
Google News Banner

TAGGED:Cryptocurrency
Share This Article
Whatsapp Whatsapp LinkedIn Telegram Copy Link
Rajpal Singh - Former Crypto Journalist at The Crypto Times
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.

Latest News

Crypto Tax Overhaul What Congress’s New Framework Means for 60M Americans
Crypto Tax Overhaul: What Congress’s New Framework Means for 60M Americans
CFTC Takes On New Mexico in Major Prediction Markets Showdown
CFTC Takes On New Mexico in Major Prediction Markets Showdown
Exodus Bets on Tokenized Stocks With New Ondo Partnership
Exodus Bets on Tokenized Stocks With New Ondo Partnership
Zimbabwe Mandates Annual Registration for Crypto Firms
Zimbabwe Mandates Annual Registration for Crypto Firms
Humanity Protocol $36M Hack Phishing Email, DPRK Links Revealed
Humanity Protocol $36M Hack: Phishing Email, DPRK Links Revealed

Find Us on Socials

You may also like

Blockworks Acquires Messari in Major Crypto Data Merger

Blockworks Acquires Messari in Major Crypto Data Merger

Crypto Market Today: SpaceX Steals Spotlight as BTC, ETH, XRP Rise

Crypto Market Today: SpaceX Steals Spotlight as BTC, ETH, XRP Rise

LG Electronics Uses Arbitrum Blockchain for On-Chain Ads

LG Electronics Uses Arbitrum Blockchain for On-Chain Ads

Poland President Vetoes Crypto Bill for Third Time, Triggers MiCA Deadline Crisis

Poland President Vetoes Crypto Bill for Third Time, Triggers MiCA Deadline Crisis

The Crypto Times Logo PNG

Providing real-time, accurate Crypto reporting. Your trusted source for Crypto News and Research.

Stay Updated

All News
Exclusive
Opinions
Learn
Podcasts

Company

About Us
Our Authors
Editorial Policy
AI Policy
Advertorial Policy

Get In Touch

Contact Us
Career

Find Us on Socials

X-twitter Linkedin Telegram Youtube Instagram

© 2026 The Crypto Times | A BITROCK TECHNOLOGIES L.L.C. Company.

DMCA.com Protection Status
  • Terms and Conditions
  • Disclaimer
  • Privacy Policy
  • Cookie policy
Do Not Sell or Share My Personal Information