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Regulation

Three Canadian soldiers charged in Toronto crypto kidnapping case

Image: CoinTurk News

Authorities in Toronto have charged seven individuals with a total of 82 criminal offences following a violent kidnapping targeting a cryptocurrency exchange owner. Three of those accused are current members of the Canadian Armed Forces, police reported. The incident unfolded on July 25 in the North York area, where the cryptocurrency exchange owner was allegedly accosted at gunpoint near the intersection of Finch Avenue East and Bayview Avenue. According to the Toronto Police Service, a group of suspects allegedly handcuffed and assaulted the victim while attempting to force access to digital assets and business-related security systems. The victim was eventually released but was warned not to contact authorities. Police have not disclosed whether the attackers managed to access or steal any cryptocurrency.

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