A self-proclaimed Canadian "Crypto King" and an associate who received more than C$40 million ($29.4 million) from investors have been arrested and charged with fraud, police said on Wednesday. Aiden Pleterski, 25, was charged with fraud over C$5,000 and laundering the proceeds of crime on May 2, Durham Regional Police said in a statement. Pleterski's associate, Colin Murphy, 27, was also charged with fraud and released on an undertaking, the statement added.