According to Toronto Police Service announcement on October 14, seven men, including three Canadian Armed Forces members, have been charged with 82 counts in connection with the July 25 abduction of a cryptocurrency exchange owner in Toronto. Police allege the victim was targeted at gunpoint near Finch Avenue East and Bayview Avenue, then assaulted while suspects attempted to gain access to his crypto assets and business security systems.

Searches of suspect properties yielded a shotgun, two 9mm firearms with 3D-printed receivers, two silencers, GPS tracking devices, handcuffs, and over 2,700 rounds of ammunition, approximately 2,500 of which were stolen from the Canadian Armed Forces, according to investigators.

View Source

Disclaimer: This content is for informational purposes only and does not constitute investment advice or encourage the buying or selling of crypto assets. It is intended to provide information about industry developments and is not directly related to the services offered by Gate TR. Although information obtained from third-party sources has been carefully reviewed, Gate TR assumes no responsibility for any errors or omissions. Crypto assets involve high risks and may experience significant price fluctuations. Before making any investment decisions, you should assess your financial situation and risk tolerance, conduct your own research, and make decisions independently.