CEO of the Toronto-based company WonderFi, Dean Skurka was kidnapped for a $1 million ransom. A recent report by CBC has revealed the CEO was held in downtown Toronto during the Wednesday rush hour.

Just before 6 PM, the cops were alerted about a kidnapping near Richmond Street and University Avenue. The suspects forced Skurka to get into a vehicle and then released him after he made a payment of $1 million electronically.

The CEO has recently stated that he is now safe, and the company’s funds have not been impacted by this incident. The company owns almost all of the regulated Canadian exchanges, according to a statement released in November 2023.

Who are the kidnappers?

However, the police have not yet released more details about the kidnappers, and further investigation is underway.

This is not the first time that criminals have held someone for ransom in exchange for cryptocurrencies. For instance, earlier in July, a Bitcoin investor was killed in a kidnapping. In that particular incident, four men were involved, and they stole three BTC, which were then worth $200,00.

This is a developing story.

Earn more CFN tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://cryptoforum.news0

CFN Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed