Crypto CEO kidnapped in Toronto, released after paying $1M ransom

The CEO of Canadian cryptocurrency agency WonderFi was kidnapped and held for ransom on Wednesday, in keeping with CBC. Dean Skurka was reportedly shoved right into a car in downtown Toronto throughout rush hour, solely to be launched unhurt after electronically sending $1 million (presumably CAD) to his captors.

The WonderFi CEO is the most recent crypto superstar to fall sufferer to a violent theft. That is the 171st incident of bodily violence to steal cryptocurrency, a safety agency tells the CBC.

Skurka’s firm reported third-quarter earnings a day earlier than the incident, producing $41 million CAD in income over the last 9 months. In the meantime, the worth of Bitcoin soared above $76,000 this week, reaching a brand new file excessive for the digital foreign money.

WonderFi is backed by Shark Tank co-host Kevin O’Leary and is among the many most outstanding publicly listed crypto corporations in Canada, per Cointelegraph.

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