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.