Crypto CEO Kidnapped and Held for $1 Million Ransom

The CEO of a Canadian cryptocurrency institution was kidnapped and held for ransom for a abbreviated play connected Wednesday, Canadian media reported.

Around 6 p.m., Toronto constabulary received a study of a kidnapping astir University Avenue and Richmond Street successful Toronto. The CBC identified the unfortunate arsenic Dean Skurka, CEO of WonderFi, a publically traded crypto level that claims to oversee much than $1.35 cardinal successful assets.

The CBC said that Skurka was forced into a conveyance and paid a $1 cardinal ransom to unafraid his release. He was yet recovered successful Centennial Park successful Toronto, He told the outlet successful an email that “Client funds and information stay safe, and were not impacted by this incident.”

As of Thursday, Toronto constabulary had not released immoderate nationalist accusation astir the incident.

Neither Skurka nor WonderFi posted immoderate statements connected the incident.

Cryptocurrency founders, investors, and the radical adjacent to them person been targeted scores of times successful caller years by thieves and kidnappers.

In September, Nick Drakon, the then-CEO of crypto probe steadfast Revelo Intel resigned from his occupation aft disclosing that helium was robbed by a radical of attackers who stole his idiosyncratic funds arsenic good arsenic assets from his businesses.

Earlier this year, the FBI and section constabulary arrested a twelve men progressive successful a home penetration spree that targeted crypto holders.