Technology
Crypto CEO kidnapped in Toronto, released after paying $1 million ransom
According to him, the CEO of Canadian cryptocurrency company WonderFi was kidnapped and held for ransom on Wednesday CBC. Dean Skurka was reportedly forced right into a vehicle in downtown Toronto during rush hour and escaped unhurt after electronically sending $1 million (possibly CAD) to his kidnappers.
The CEO of WonderFi is the most recent cryptocurrency star to fall victim to a brutal attack. This is the 171st case of physical violence geared toward stealing cryptocurrency, a security company tells CBC.
Skurek’s company reported results for the third quarter the day before the incident, generating C$41 million in revenue over the past nine months. Meanwhile, Bitcoin’s price rose above $76,000 this week, reaching a brand new record high for the digital currency.
WonderFi is endorsed by Shark Tank co-host Kevin O’Leary and is some of the well-known publicly traded crypto corporations in Canada, in response to Cointelegraph.