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Crypto King Aiden Pleterski Faces Fraud, Laundering Trial

By Drooid · Oct 9, 2026, 2:41 AM UTC · How we work

Summary

Story summary

Aiden Pleterski, the self-described “Crypto King,” is on trial for fraud and money-laundering.
Prosecutors allege he diverted $1.9 million from eight investors into luxury cars, jets, and personal bills.
Investors were attracted by a paid Forbes article and photos of Pleterski’s lavish lifestyle.
He pleaded not guilty, represents himself, and was arrested in May 2024 after a joint police-Securities and Exchange Commission probe.

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Story summary

Aiden Pleterski, the self-described “Crypto King,” is on trial for fraud and money-laundering.
Prosecutors allege he diverted $1.9 million from eight investors into luxury cars, jets, and personal bills.
Investors were attracted by a paid Forbes article and photos of Pleterski’s lavish lifestyle.
He pleaded not guilty, represents himself, and was arrested in May 2024 after a joint police-Securities and Exchange Commission probe.