Pleterski’s YouTube channel and Instagram account have been deleted but it appears he purchased articles on websites like Forbes.mc (the top level domain for Monaco) and the far-right news outlet Daily Caller to get his name associated with success in crypto investment. The Daily Caller article from December 2021 includes a photo of Pleterski looking at his phone in what appears to be a private jet. Notably, December 2021 was a time when cryptocurrencies like bitcoin and ethereum were trading near all-time highs. The headline reads, “Aiden Pleterski: Meet the Young Canadian Investor Who Is Taking the World of Crypto By Storm.”
The question remains whether Pleterski actually invested any of the money in crypto to begin with, and speaks to just how strange the crypto market has been over the past year. For all anyone knows, Pleterski may have actually invested the money and lost it like so many others since the peak of November 2021. Bitcoin is down 56% since its price a year ago, while ethereum is down 57%. Pleterski insists he invested the money but that he’s just bad with record-keeping. But some investors suspect Pleterski didn’t even bother investing the money, instead pocketing it for himself, according to people who spoke with the CBC. Investors are trying to get their money back through the bankruptcy court and two civil lawsuits, but criminal charges haven’t been pursued, even though some have reported their incidents to Toronto police, according to the CBC.
Read more of this story at Slashdot.