CEO of Canadian Crypto Holding Returns Safely After Paying $720K Ransom
Dean Skurka, CEO of WonderFi, a prominent Canadian crypto holding firm, was recently kidnapped in Toronto during rush hour. The assailants demanded a ransom for his release, which amounted to 1 million Canadian dollars (approximately $720,660). After the ransom was paid, Skurka was released unharmed. He assured the public that client funds and data were not compromised during this incident. This event comes amid rising crime rates in Canada and increasing instances of crypto-related kidnappings, as the cryptocurrency market experiences significant growth, with bitcoin hitting an all-time high. Reports of similar incidents have surfaced globally, highlighting a troubling trend in the crypto space.
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