'Crypto King' associate wanted for arrest while claiming to be in Dubai
An alleged Ponzi scheme operator who reportedly funneled $4 million of his illicit earnings to Ontario ’s self-proclaimed ‘ Crypto King’ has been hit with an arrest warrant after he failed to hand over his passport while claiming to be in Dubai. As reported by CTV, an Ontario judge found Ryan Rumble in contempt of court after he failed to hand over his passport by Dec 1 as ordered. He appeared virtually in the hearings and claimed to be in Dubai. Rumble is facing a civil lawsuit accusing him of taking $14 million from investors in a Ponzi scheme and giving millions to ‘Crypto King’ Aiden Pleterksi. Pleterski is continuing to travel and gamble online despite facing a $40 million bankruptcy case. Rumble reportedly said he could only pay his investors back by finding work in Dubai and claims to have secured a consultancy contract with a firm currently funding his stay. However, fraud litigators say there’s no evidence it’s a legitimate contract . ‘Crypto K...