CROWDFUNDINSIDER · 2026-10-18 20:17 UTC

Canadian Armed Forces Reserves Members Among Seven Arrested in Armed Toronto Crypto Kidnapping Plot

Seven men, including three Canadian Armed Forces reservists, were arrested in Toronto for a July 2026 kidnapping of a cryptocurrency exchange owner in an attempt to seize his digital assets. Police recovered firearms, ammunition stolen from the military, drugs, and other weapons across the Greater Toronto Area; 82 charges were laid including kidnapping for ransom with a firearm and forcible confinement. Toronto Police Chief Myron Demkiw and Chief Superintendent Joe Matthews highlighted concerns about trained military personnel with firearms access being involved in evolving criminal tactics…

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