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HomeNewsCrypto CEO kidnapped in Toronto, launched after paying $1 million ransom

Crypto CEO kidnapped in Toronto, launched after paying $1 million ransom

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

The CEO of WonderFi is the newest crypto movie star to fall sufferer to a violent theft. That is the 171st incident of bodily violence to steal cryptocurrency, the safety agency informed CBC.

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

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WonderFi is backed by Shark Tank co-host Kevin O'Leary and is among the many most distinguished publicly traded crypto companies in Canada, based on Cointelegraph.

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