Aiden Pleterski, the self-proclaimed Crypto King, was charged with fraud over $5,000 and money laundering, leaving investors trying to recover over $40 million in cryptocurrency investments and foreign exchange funds.
Investigations revealed Pleterski only invested 2% of the funds while splurging $16 million on personal extravagances like private jets, vacations, luxury cars, and a lakefront mansion before filing for bankruptcy, leading to a recovery of only $3 million for investors.
Bankruptcy proceedings, overseen by Grant Thornton, exposed Pleterski's lavish lifestyle funded by investor money, with the trustee uncovering the misappropriation of funds and minimal investment activities.
Despite the bankruptcy, Pleterski continued his extravagant lifestyle, reportedly jet-setting to various global destinations even after facing financial repercussions.
[
add
]
[
|
|
...
]