• Aiden Pleterski and aide Colin Murphy charged with money laundering
• The charges followed a joint investigation by Canada’s DRPS and OSC.
• OSC advises the public to scrutinize individuals offering investment advice

Canadian authorities have charged Aiden Pleterski, a self-proclaimed “Crypto King” residing in Whitby, Ontario, and his associate, Colin Murphy of Oshawa, Ontario, with fraud and money laundering offenses. The charges stem from a joint investigation – Project Swan – conducted by the Durham Regional Police Service (DRPS) and the Ontario Securities Commission (OSC).

Pleterski faces the most serious allegations, including violating a court order (pursuant to subsection 517(1) of the Criminal Code) issued on May 14, 2024. He is also charged with one count of fraud exceeding $5,000 (Section 380(1)(a) of the Criminal Code) and one count of laundering proceeds of crime (Section 462.31(1)(a) of the Criminal Code). Pleterski remains in custody pending a bail hearing.

Murphy, the second suspect, is charged with a single count of fraud exceeding $5,000. Unlike Pleterski, he was released aft…

The post Fraud and Money Laundering: Canadian Crypto King and Associate Charged appeared first on Coin Edition.

• Aiden Pleterski and aide Colin Murphy charged with money laundering
• The charges followed a joint investigation by Canada’s DRPS and OSC.
• OSC advises the public to scrutinize individuals offering investment advice

Canadian authorities have charged Aiden Pleterski, a self-proclaimed “Crypto King” residing in Whitby, Ontario, and his associate, Colin Murphy of Oshawa, Ontario, with fraud and money laundering offenses. The charges stem from a joint investigation – Project Swan – conducted by the Durham Regional Police Service (DRPS) and the Ontario Securities Commission (OSC).

Pleterski faces the most serious allegations, including violating a court order (pursuant to subsection 517(1) of the Criminal Code) issued on May 14, 2024. He is also charged with one count of fraud exceeding $5,000 (Section 380(1)(a) of the Criminal Code) and one count of laundering proceeds of crime (Section 462.31(1)(a) of the Criminal Code). Pleterski remains in custody pending a bail hearing.

Murphy, the second suspect, is charged with a single count of fraud exceeding $5,000. Unlike Pleterski, he was released aft…

The post Fraud and Money Laundering: Canadian Crypto King and Associate Charged appeared first on Coin Edition.