Crypto King’s Luxury Cars Seized After $35m of Investor Money disappears
Five luxury cars, including two BMWs, two McLarens, and a Lamborghini, have been seized from 23-year-old Aiden Pleterski, the self-described “crypto king” of Canada, during bankruptcy proceedings according to a new report from the CBC.
But those cars are only worth a fraction of the $35 million that Pleterski allegedly took from investors who thought he’d make them rich in the cryptocurrency market, and it’s not clear whether they’ll ever see their money again.
Pleterski and his company AP Private Equity Limited are facing at least two civil lawsuits after 140 people have come forward to say they invested a combined $35 million with Pleterski.
Those people believed they were investing in cryptocurrency, and Pleterski’s online presence—including photos of the 23-year-old on private jets and next to luxury cars—helped create the image that he knew what he was doing.
Pleterski’s YouTube channel and Instagram account have been deleted but it appears he purchased articles on websites like Forbes.mc (the top level domain for Monaco) and the far-right news outlet Daily Caller to get his name associated with success in crypto investment.