Crypto CEO kidnapped in Toronto, released after paying $1 million ransom

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The CEO of Canadian cryptocurrency company WonderFi was kidnapped and held for ransom on Wednesday, Reuters reported. CBC. Dean Skurka was reportedly pushed into a car in downtown Toronto during rush hour, only to be released unharmed after electronically sending $1 million (presumably Canadian dollars) to his kidnappers.

The CEO of WonderFi is the latest cryptocurrency celebrity to fall victim to a violent robbery. This is the 171st incident of physical violence involving cryptocurrency theft, a security firm told CBC.

Skurka Company Third quarter earnings announced The day before the accident, it had generated revenue of C$41 million over the past nine months. Meanwhile, the price of Bitcoin rose above $76,000 this week, reaching a new record high for the digital currency.

WonderFi is backed by Shark Tank co-host Kevin O’Leary, and is among the most prominent publicly listed cryptocurrency companies in Canada, according to Cointelegraph.

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