The Ontario Securities Commission (OSC) announced on May 15 that two Ontario residents have been charged with offenses under the Criminal Code of Canada as part of Project Swan, a joint investigation by the Durham Regional Police Service (DRPS) and the OSC. Aiden Pleterski, self-proclaimed “ Crypto King,” is charged with fraud over $5,000 and laundering proceeds of crime. According to the Oshawa courthouse, the 25-year-old Pleterski faces these charges and was released on bail Tuesday. His parents posted a $100,000 surety to ensure he adheres to his bail conditions, which include surrendering his passport, avoiding contact with investors, refraining from social media posts about financial matters, and not buying or trading cryptocurrencies. Colin Murphy is also charged with fraud over $5,000. Pleterski was held for a bail hearing, while Murphy was released on an undertaking.
Ontario 'Crypto King' Faces Major Fraud and Money Laundering Charges
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