{
  "id": 15061449,
  "title": "‘Crypto King’ spent $16.3M of investor funds on cars, credit cards, jets, security, accountant testifies",
  "url": "https://urgent.news/2026/10/16/crypto-king-spent-16-3m-of-investor-funds-on-cars-credit-cards-jets-15061449",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-16T22:09:33.000Z",
  "source": {
    "name": "CBC News",
    "slug": "cbc-news",
    "url": "https://www.cbc.ca/news/canada/toronto/crypto-king-spent-16-3m-of-investor-funds-on-cars-credit-cards-jets-security-accountant-testifies-9.7384413"
  },
  "original_language": "en",
  "account": null,
  "summary": "Self-described “Crypto King” Aiden Pleterski spent nearly half of the $36.3 million investors gave him on himself and paid out about the same amount to investors as returns between 2020 and 2022, according to a senior forensic accountant who testified at his trial in Toronto’s Superior Court on Friday.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "CBC Canada",
        "title": "‘Crypto King’ spent $16.3M of investor funds on cars, credit cards, jets, security, accountant testifies",
        "url": "https://urgent.news/2026/10/16/crypto-king-spent-16-3m-of-investor-funds-on-cars-credit-cards-jets",
        "published": "2026-10-16T22:09:33.000Z"
      },
      {
        "outlet": "Toronto Sun",
        "title": "MANDEL: Forensic accountant says no sign ‘Crypto King’ invested his clients’ millions",
        "url": "https://urgent.news/2026/10/16/mandel-forensic-accountant-says-no-sign-crypto-king-invested-his",
        "published": "2026-10-16T22:48:12.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}