The body of Kevin Mirshahi, a 25-year-old cryptocurrency influencer, was discovered in a Montreal park. His disappearance dates back to June, amidst allegations of crypto fraud.
Perplexing Pivot Leaves Backers Baffled
Mirshahi disappeared on June 21 after a suspected kidnapping event. Three of his associates were found alive shortly after. Joanie Lepage, 32, was charged with first-degree murder and kidnapping. There is no confirmed link between these charges and Mirshahi's cryptocurrency activities.
Regulator’s Rigorous Review of Mirshahi’s Activities
Mirshahi ran a Telegram group 'Crypto Paradise Island,' under the scrutiny of Quebec's regulator for alleged fraud. His activities have been monitored by AMF since 2021. Restrictions were imposed on him, yet he continued under alias 'Amir.'
Increase in Crypto-Related Crimes
Following the discovery of Mirshahi's body, another crypto figure was kidnapped in Toronto — Dean Skurka of WonderFi. 2023 sees a rise in crypto-related crimes, illustrating the vulnerability of those involved in the industry.
Mirshahi's death and the increasing number of crypto-related crimes highlight the risks within the sector. It underscores the need for regulation to protect market participants from malicious actors.
