Declared crypto king Aidan Platarsky admitted that his $300 million (RUB 24 billion) fund never existed. The investigation showed that investors had given Platarsky more than $36.3 million. But instead of investing, the money was spent on personal expenses. He spent about $5.6 million on luxury cars, the rest on credit cards, travel and private jets, and security. He gave almost $3.7 million to his parents. And he showed customers screenshots and videos of a trading account with a balance of over $311 million. He later admitted: the account was not real. Despite all this, Platarsky did not plead guilty in court. read more

Declared crypto king Aidan Platarsky admitted that his $300 million (RUB 24 billion) fund never existed. The investigation showed that investors had given Platarsky more than $36.3 million. But instead of investing, the money was spent on personal expenses. He spent about $5.6 million on luxury cars, the rest on credit cards, travel and private jets, and security. He gave almost $3.7 million to his parents. And he showed customers screenshots and videos of a trading account with a balance of over $311 million. He later admitted: the account was not real. Despite all this, Platarsky did not plead guilty in court. read more