Saturday, November 16, 2024
HometechnologyCrypto CEO kidnapped in Toronto, launched after paying $1M ransom

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


The CEO of Canadian cryptocurrency agency WonderFi was kidnapped and held for ransom on Wednesday, in line with CBC. Dean Skurka was reportedly shoved 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 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 past 9 months. In the meantime, the value of Bitcoin soared above $76,000 this week, reaching a brand new report 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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