According to CoinMeta, a Canadian court heard evidence that Aiden Pleterski, who claims to be the "King of Cryptocurrency," misappropriated approximately $16 million in investor funds for personal expenses. He has pleaded not guilty to the criminal charges, and the case is still under consideration. Forensic accountants stated that Pleterski obtained tens of millions of dollars from investors, but most of the funds were not used for trading accounts; instead, they were spent on expensive vehicles, travel, and other personal expenses. During the investigation, it was found that about $36.3 million was collected from investors, and the prosecution believes that these transactions misled the handling of client funds. The case has drawn attention because Pleterski was once a victim of a kidnapping incident. The jury will decide whether the provided evidence constitutes criminal misconduct.