82 criminal charges follow armed crypto abduction in Toronto

Three Canadian Armed Forces members are among seven men facing 82 criminal charges following the alleged armed kidnapping of a crypto exchange owner in Toronto, police said in an Oct. 14 update. Investigators allege the victim was targeted as he approached his vehicle in the Finch Avenue East and Bayview Avenue area on July 25. He was abducted at gunpoint , handcuffed, and assaulted. The suspects allegedly tried to gain access to cryptocurrency assets and business-related security systems. Police said the victim was later released after threats and a warning not to report the incident to police. Police have not identified the exchange or disclosed whether cryptocurrency was transferred.

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