Canada

A lawyer for the trustee in Ontario's self-described Crypto King's bankruptcy proceeding told a Toronto court Wednesday morning that Aiden Pleterski has no remorse for his actions operating a Ponzi scheme and is continuing to cause his investors financial hardship by failing to co-operate with his bankruptcy proceeding.

New court records filed by the trustee ahead of the bankruptcy discharge hearing alleged Pleterski continues to hide income connected to online gaming and other internet services — and has failed to provide any evidence of where millions of dollars worth of cryptocurrency ended up.

"Mr. Pleterski should be embarrassed and ashamed of his conduct, but he clearly is not, and this is precisely the reason he should not be granted a discharge," said Leanne Williams, counsel for the trustee, accounting firm Grant Thornton.

"He has lied about his assets; he has lied about his income."