“King of Cryptography”Aiden Plethersky is in hell today. The 23-year-old fraudster was sued for embezzling $35 million.
According to the CBC, five luxury cars were seized from 23-year-old Aiden Plethersky, Canada’s self-proclaimed “King of Cryptocurrency”. But these cars are only a fraction of the $35 million Aiden Plethersky allegedly stole from investors who thought he would make them rich. And no one knows if they will ever see their money again.
“King of Cryptography”Aiden Plethersky is in hell today
Aiden Plethersky and AP Private Equity Limited are facing two civil lawsuits after 140 people banded together to file a complaint. These people thought they were investing in cryptocurrencies, and Aiden Plethersky’s online presence – with lots of photos of him in a very luxurious lifestyle – helped create an image of someone who really knew how to do it.
Aiden Plethersky’s YouTube channel and Instagram account were closed, but he bought articles from sites such as Forbes.mc and the Daily Caller to promote himself. The December 2021 Daily Caller article featured the photo above. The photo was taken when cryptocurrencies were at their peak. It read: “Aiden Plethersky: Meet the Young Canadian Investor Who Rules the Crypto World.”
23-year-old swindler sued
Despite the mention of “partner”in the article, few people realized that the article was bought by the author. The damage has been done. Many Internet users who have no experience with cryptocurrencies saw this as an example to follow, an opportunity to get rich.
Did Aiden Plethersky only invest in any cryptocurrency? Hard to tell. He could do it and lose everything after the November 2021 peak. Bitcoin is down 56% year-over-year, Ethereum is down 57%. Aiden Plethersky claims to have invested the money, but leaves no trace of it.
for stealing $35 million
Some investors suspect Aiden Plethersky of not even bothering to invest in him, content to line his pockets directly. Now these deceived investors are trying to get their money back through bankruptcy court and two civil suits, but no criminal charges have been filed.