A $2 million asset seizure has been made against a Canadian man “Crypto King”

A $2 million asset seizure has been made against a Canadian man known as the “Crypto King.”

Aiden Pleterski is being sued on allegations of defrauding investors.

Twenty-nine creditors have filed a bankruptcy petition against him, alleging that he owes them nearly $13 million.

According to his lawyer, the allegations against him are “wildly exaggerated.”

Aiden Pleterski, a 23-year-old Canadian businessman, had his Lamborghini, two McLarens, and two BMWs seized.

At least $35 million given to his company went missing, according to CBC Toronto, with one investor saying she invested $60,000 for her grandchildren’s education.

The bankruptcy proceeding was one of the only ways for investors to try to recoup their losses.