Dean Skurka, CEO of Toronto-based crypto firm WonderFi Technologies, was kidnapped near University Avenue and Richmond Street in Toronto. During this high-profile abduction, unknown assailants demanded a ransom of $720,000, which was paid electronically. Following the transfer, Skurka was located unharmed in Centennial Park, Etobicoke, just hours later. In a communication to CBC Toronto, Skurka reassured that the safety of WonderFi’s employees is a priority and confirmed that client funds and data remained secure throughout the ordeal. This incident highlights an alarming trend in the crypto industry where executives are increasingly targeted due to the high value and decentralized nature of cryptocurrencies. This incident marks the 171st reported incident of violence against crypto holders, illustrating the growing risks faced by individuals in this sector.

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