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WonderFi CEO Kidnapped and Released After $1 Million Ransom Paid

Dean Skurka, head of Canada's largest crypto firm, was abducted in Toronto and freed after an electronic ransom payment.

  • Dean Skurka, CEO of WonderFi, was kidnapped during rush hour in downtown Toronto and released unharmed after a $1 million CAD ransom was paid electronically.
  • Police are investigating the incident, but no arrests have been reported so far.
  • The abduction coincided with a significant increase in WonderFi's revenue and a surge in Bitcoin's value following the U.S. presidential election results.
  • Security experts note a rising trend of physical violence against crypto holders, with Skurka's case being the 171st documented incident.
  • WonderFi confirmed that the safety of its employees and the security of client funds and data were not compromised during the incident.
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