Pleterski reportedly was renting a lakefront mansion in Burlington, Ontario that he spent $45,000 a month for, and previously paid for promotional articles about himself on websites like Forbes's publication in Monaco, and far-right publication Daily Caller.

"Shockingly, it seems that nobody bothered to consider what would happen if the cryptocurrency market plummeted or whether Aiden, as a very young man, was qualified to handle these types of investments," Pleterski's lawyer, Micheal Simaan, told CBC Toronto.

In a meeting with creditors, Pleterski reportedly told them he was "very unorganized," and didn't keep records of his investments. His trustee told creditors that Pleterski said he lost the money he had received between late 2021 and early 2022 "in a series of margin calls and bad trades," CBC Toronto reported.