Shai Gilgeous-Alexander Sues Owners of Mansion Previously Occupied by “Crypto King”
NBA player Shai Gilgeous-Alexander is taking legal action against the owners of a lakefront mansion in Ontario that was previously occupied by Aiden Pleterski, known as the “crypto king.” Gilgeous-Alexander claims that the owners failed to disclose Pleterski’s tenancy when he rented the $45,000-per-month property.
Failure to Disclose
Gilgeous-Alexander alleges that he was threatened by a victim of Pleterski’s collapsed crypto investment scheme. He only discovered that Pleterski had lived in the property after his girlfriend reported a threatening visit to the police. As a result, they decided to vacate the $8.4 million mansion and file a lawsuit, arguing that the owners’ failure to disclose this information is grounds for voiding the sale agreement.
Dispute Over Misrepresentation
The sellers’ lawyers have disputed the claim of misrepresentation. After losing over $40 million in his crypto platform’s collapse, Pleterski faced threats from investors and was even kidnapped by someone claiming to have lost $740,000. Real estate lawyer John Zinati believes that while success in court may be uncertain for Gilgeous-Alexander, any potential award would likely be monetary compensation rather than allowing him to back out of the deal.
Hot Take: NBA Star Takes Legal Action Against Mansion Owners
NBA player Shai Gilgeous-Alexander has filed a lawsuit against the owners of a mansion in Ontario, alleging that they failed to disclose its previous tenant, “crypto king” Aiden Pleterski. Gilgeous-Alexander claims that he was threatened by someone affected by Pleterski’s failed crypto investment scheme. Upon learning about Pleterski’s occupancy from his girlfriend’s report to the police, Gilgeous-Alexander and his girlfriend left the property and initiated legal action. The basketball player argues that the owners’ failure to disclose this information justifies voiding the sale agreement. However, lawyers for the sellers contest this claim. If Gilgeous-Alexander succeeds in court, it is likely that he will receive monetary compensation rather than being allowed to cancel the deal.
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