In a surprising turn of events in Canada’s cryptocurrency realm, a self-proclaimed crypto king seeking redemption shocked the world with a series of incidents involving a kidnapping, a brutal revenge plot, and an unexpected apology.
Aiden Pleterski, the alleged mastermind behind a crypto scam that drained over $40 million from investors, faced unexpected repercussions when kidnapped, threatened, and beaten in December 2022.
The accused kidnapper, 39-year-old Akil Heywood, finds himself at the center of a storm that continues to captivate the nation.
Heywood, who reportedly invested $740,000 with Pleterski and was among the countless victims of the cryptocurrency scheme, is one of five individuals facing charges linked to the kidnapping and assault.
Crypto King: A Dark Twist
His surprising dual role as an inspector in the case’s bankruptcy proceedings has left many scratching their heads, with legal experts expressing astonishment at this unprecedented scenario.
The situation turned even darker when it came to light that Heywood allegedly threatened a bankruptcy trustee with $2 million in cryptocurrency, a sum far exceeding his initial investment.
Despite the gravity of the accusations, Canadian authorities have released Heywood on bail as investigations continue.
According to a bankruptcy filing, Aiden Pleterski spent roughly $16 million of investor funds on himself. Source: aiden_pletersik/Instagram
Meanwhile, Pleterski’s lawyer, Micheal Simaan, expressed gratitude for the Toronto Police’s efforts in apprehending those involved in the kidnapping and assault.
However, two weeks before the abduction, Pleterski had already raised concerns about Heywood’s aggressive behavior, stating that he continued to face violent threats from his accused kidnapper even after the incident.
Pleterski’s Lawyer Raises Doubts
The recent release of a video featuring Pleterski has stirred public opinion further. In the video, the visibly beaten man admits to his involvement in cryptocurrency trading since 2020 and providing services to friends, family, and others.
The scheme thrived during the crypto bull market but unraveled as prices plummeted in November 2021.
Pleterski’s confession reveals that he lost nearly $45 million in a single month during the crypto market crash, leaving his debts far exceeding his remaining assets.
A bankruptcy report obtained by CBC shows that he diverted approximately $16 million to finance his extravagant lifestyle, including vacations, private jets, and luxurious cars.
Bitcoin keepings its grip on the $30K handle. Chart: TradingView.com
While Pleterski has vowed to work tirelessly to reimburse victims and live frugally until every last penny is repaid, his lawyer cautions against taking the video at face value.
The lawyer contends that the alleged scammer might have been coerced into making the statement by his kidnappers and steadfastly maintains his client’s innocence.
This story highlights the gripping tale of the Crypto King and the alleged kidnapping, emphasizing the dangers of unregulated cryptocurrencies.
As the investigation and legal process unfold, investors and authorities grapple with the aftermath, eagerly waiting for the truth and justice to prevail.
Featured image from CP24.com
