This is not so good news when it comes to investing your money in the market and also leading controversial companies so that investors can invest huge sums of money.
However, it is always advisable to study what you are doing in the crypto sphere, what kind of life you are living and what is your offering to the world.
This kid, Aiden was just 20+ when he started living a millionaire's dream. He had a collection of Maclaren sports cars, a Lamborghini, and a rented house with a rent of $45,000. That is enough to understand how much he must be earning from his company during his "Teenage".
The mistakes;He invested a huge amount in crypto without prior knowledge about it.
He just randomly took marginal calls and lost a lot of money.
He lost more than millions of dollars and only invested 1.6% of all the investment that came to his account.
He was kidnapped and tortured by the investors to recover all his money. More than that he also got threats against his family which was literally terrifying.
Interesting read, and a good lesson to take when you are in crypto.
A self-styled "Crypto King" who allegedly fleeced investors out of millions was kidnapped and tortured, according to explosive court documents.
Aiden Pleterski led a lavish lifestyle and owned McLaren sports cars and a Lamborghini — and even rented a plush waterfront home for $45,000 a month.
He had promised his investor's healthy returns of 7%, but it all came crashing down and he ended up filing for bankruptcy.
It's believed Pleterski, who was 23 when his company went under, was abducted by disgruntled creditors.
Testimony from his father Dragan reveals:
One person that Pleterski was allowed to contact was a man called Sandeep Gupta, his landlord.
Gupta recalled receiving multiple calls late at night from Pleterski, in which he said:
Gupta told him that this would be impossible to arrange — and while he was determined not to pay any money, he wanted to engineer the situation so he didn't come to harm. On a different phone, he began to call 911.
Over the following days, the landlord worked with officers in an attempt to set up a sting meeting and ensure that Pleterski could be brought to safety.
He was later released on the understanding that he would get the cash to his kidnappers as soon as possible — and was warned that interacting with law enforcement would make his situation much, much worse.
Gupta said in his testimony that Pleterski's actions had put him and his family in danger — with random people also visiting the property that the fallen entrepreneur was renting.
Efforts are now underway to recover as much money as possible for Pleterski's victims.
While he has claimed that the money was lost in a series of bad trades and margin calls, he's been accused of blowing millions on his lavish lifestyle. It's estimated that he had only invested 1.6% of the funds he was given. The court filing says:
He allegedly attempted to defend himself by saying he was a "20-something-year-old kid."
Fallen 'Crypto King' Who Owes Millions to Investors Was Kidnapped and Tortured 
