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Toronto police charge three Canadian Armed Forces reservists in kidnapping of crypto exchange owner

Image: Crypto Briefing

Seven men face 82 charges after the alleged gunpoint abduction, and most of the seized ammunition was allegedly stolen from the military Toronto police have charged seven men in the alleged abduction of a crypto exchange owner in North York on July 25, 2026. Three of the accused are reservists in the Canadian Armed Forces. That detail changes the shape of the story. Police say nearly all of the ammunition recovered in the case was allegedly stolen from the Canadian military. Together, the seven men face 82 charges . They include kidnapping for ransom, firearm offenses and drug trafficking. The case started as a single kidnapping investigation and grew into something police are treating as organized crime. The victim was reportedly targeted at gunpoint and held against his will.

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