Ontario's self-proclaimed 'Crypto King', Aiden Pleterski, has been arrested on charges of fraud and money laundering, following an extensive 16-month investigation, dubbed 'Project Swan', into an alleged Ponzi scheme. Pleterski, along with his associate, Colin Murphy, is accused of defrauding victims of approximately $30 million.

The investigation, one of the most comprehensive in the region, involved numerous victim interviews, court orders, and thousands of pages of financial documents. Pleterski has been charged with one count of fraud over $5,000 and one count of laundering proceeds of Canadian crime.

It's worth noting that Pleterski was reportedly kidnapped, assaulted, and tortured by individuals claiming to be his victims last year. While the allegations against Pleterski have yet to be proven in court, this case serves as a reminder of the importance of vigilance and due diligence in the crypto space.