Canadian authorities have brought charges against Aiden Pleterski, who claims to be the "Crypto King" in Whitby, Ontario, and his partner, Colin Murphy from Oshawa, Ontario, for committing fraud and money laundering crimes. These charges resulted from a collaborative investigation named Project Swan carried out by the Durham Regional Police Service (DRPS) and the Ontario Securities Commission (OSC).

Pleterski is facing severe accusations, including breaching a court order issued on May 14, 2024, under subsection 517(1) of the Criminal Code. Additionally, he is 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 is currently in custody awaiting a bail hearing.

On the other hand, Murphy, the second individual involved, is charged with a single count of fraud exceeding $5,000. In contrast to Pleterski, Murphy was released after...