Ontario’s Crypto King will likely remain bankrupt until after criminal charges are resolved [Video]

Ontario’s self-described Crypto King will likely remain bankrupt until criminal fraud and money laundering charges are resolved against the 25-year-old.

Justice William Black dismissed Aiden Pleterski’s application for a discharge from his nearly two-year-long bankruptcy in a ruling released Thursday.

“Mr. Pleterski’s conduct warrants an emphasis on public protection and accountability,” wrote the Ontario Superior Court judge. 

“Refusing a discharge absolutely at this stage, pending the result of the criminal prosecution, would allow this court to take into account, in fashioning an appropriate remedy at that point, the outcome of the criminal proceedings.”

Two months ago, Pleterski was charged with fraud and money laundering following an 18-month joint investigation between Durham Regional Police and the Ontario Securities Commission.

Police allege Pleterski solicited funds from investors, promising massive profits and guaranteeing no losses from their original investment. None of the charges have been tested in court.

In a bankruptcy discharge hearingWednesday, lawyers for the trustee overseeing the bankruptcy …