On Wednesday evening, WonderFi's CEO, Dean Skurka, was kidnapped in downtown Toronto, held for a $1 million ransom.
Details of the Kidnapping
According to the police, the incident occurred around 6 PM near Richmond Street and University Avenue. The kidnappers forced Skurka into a vehicle and released him after receiving a $1 million electronic payment.
WonderFi's Statement
Skurka has stated that he is now safe and emphasized that the company's funds were not affected. WonderFi owns nearly all regulated Canadian exchanges.
Incident Circumstances
The police have not released information about the kidnappers, and an investigation is ongoing. This is not the first case of kidnapping for cryptocurrency ransom; an investor was killed in a similar incident in July.
The situation is under investigation, and details continue to emerge. Stay updated for further developments on this story.