-
WonderFi CEO Dean Skurka was briefly held by unknown assailants in Toronto until a ransom was paid.
-
Skurka is unharmed.
02:41
Bitcoin’s New All-Time High; U.S. BTC Reserve Hopes Fly
16:22
Bitcoin to Reach $100K by December or January: 10x Research Founder
01:40
Trump Victory Sends Crypto Market Cap to $2.5T
02:31
Bitcoin Hits Record High as Donald Trump Wins U.S. Election
The CEO of WonderFi, a publicly listed crypto holding company that owns one of Canada’s largest crypto exchanges, has been safely released after he was kidnapped, Canada’s CBC reported.
CBC says that Dean Skurka was forced into a car during rush hour in Toronto, and the assailants demanded money for his release. Skurka was released unharmed after he paid a ransom of Canadian Dollar 1 million ($720,660).
In a publicly released statement, Skurka said that “client funds and data remain safe, and were not impacted by this incident.”
As the crypto bull market continues, with bitcoin (BTC) recently breaking through an all-time high, crypto kidnappings and extortion are also rising.
Recently, police in Thailand arrested 12 people, including seven police officers, who were involved in a crypto kidnapping and extortion ring. The group had allegedly extorted a Chinese national for USDT 10 million after they reportedly fabricated charges and demanded payment to drop the case.
Edited by Parikshit Mishra.
Disclosure
Please note that our
and
do not sell my personal information
have been updated
.
CoinDesk is an
media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of
CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.
:format(jpg)/s3.amazonaws.com/arc-authors/coindesk/ff7c302f-d3ab-4905-92e1-2f7f5106d13c.png)
