Ontario’s socalled ‘Crypto King’ Aiden Pleterski was soliciting new investors as recently as February – a yearandahalf after he was petitioned into bankruptcy for allegedly running a Ponzi scheme worth more than $40 million police alleged on Thursday.

Investigators made the comment during a news conference about “Project Swan,” a 16month investigation into Pleterski.

The news conference came just days after the 25yearold was arrested and charged with fraud over $5,000 and money laundering on Tuesday. Pleterski was subsequently released on a $100,000 bail with his parents acting as sureties.

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