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Ontario crypto king apologizes to investors in video while appearing badly beaten from kidnapping

Ontario crypto king apologizes to investors in video while appearing badly beaten from kidnapping

CTV
Tuesday, July 18, 2023 04:49:39 AM UTC

Video has emerged of self-described crypto king Aiden Pleterski apologizing to investors while he was badly injured from a kidnapping last December.

Video has emerged of self-described crypto king Aiden Pleterski apologizing to investors while he was badly injured from a kidnapping last December.

Toronto police announced Monday four people have been arrested in the kidnapping and torturing case of the 24-year-old from Whitby, Ont.

Court documents also indicate one of the alleged kidnappers, 39-year-old Akil Heywood, invested $740,000 with Pleterski.

Norman Groot, a lawyer representing investors who lost millions with Pleterski, told CTV News Toronto Heywood sent one of his clients the video after the kidnapping. It recently began circulating online.

In the video, obtained by CTV News Toronto, Pleterski outlines the turbulence of the last three years. It's unclear if he was under duress while the footage was taken or where the video was recorded.

He begins with his own investing in cryptocurrency in 2020, how that expanded to friends and family, and led to leasing luxury cars.

He explains the “pivot point” taking place when the crypto market started to tank the following year. “I should have been honest with everybody and told them that I lost a lot of money,” he said.

Read full story on CTV
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