Aiden Pleterski, known as the 'Crypto King', was found guilty of fraud in Toronto.

What it means

Aiden Pleterski, the 27-year-old self-described 'Crypto King' from Ontario, was found guilty by a jury of fraud over $5,000 after a three-week trial in Toronto. He had solicited over $36 million from investors for cryptocurrency trading but instead used the funds for personal luxuries, including cars and travel. The conviction is the culmination of a high-profile investigation (Project Swan) by Durham Regional Police and the Ontario Securities Commission.

Accuracy & sourcesGrounded

The claim is solid, based on direct reporting by CBC News, a reliable secondary source covering the jury's verdict — a confirmed legal outcome. Numerous other outlets (e.g., The Record, Hamilton Spectator) report the same result, and the trial proceedings were publicly documented, so the fact of the guilty verdict is well-established.

How new

The verdict was delivered on October 29, 2026, making this genuinely new as of that date.

Go deeper

• CBC News (Top Stories) — first to publish