I just found out that a Canadian judge denied Aiden Pleterski's bankruptcy protection request, the guy who called himself the "Crypto King." Judge William Black argued that allowing him to escape bankruptcy was not in the public interest, especially considering he is being prosecuted for fraud and money laundering.

This is pretty serious because Aiden Pleterski allegedly defrauded investors of over $30 million with a cryptocurrency Ponzi scheme. He was arrested in May after an 18-month investigation that began when Durham police received reports in 2022. The OSC and Durham Regional Police conducted a joint investigation called Project Swan.

Interestingly, the trustee's lawyer, LeAnn Williams, complained that Aiden Pleterski did not cooperate in the bankruptcy proceedings. He supposedly lied about his assets and income. The judge expected him to fully cooperate and disclose all relevant facts, but it seems that is not happening.

Basically, the judge decided that denying discharge of liability is the right move while awaiting the outcome of the criminal case. So Aiden Pleterski will continue to be responsible for his debts while facing criminal charges. It’s no surprise that someone accused of such a large-scale fraud can simply disappear from their legal obligations.