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Toronto Kidnapping: Crypto Firm’s CEO Freed After CAD 1 Million Ransom

The CEO of WonderFi, a Canadian publicly listed crypto holding company, has been released unharmed after a kidnapping incident. The company owns one of Canada's major crypto exchanges.

The CEO of WonderFi, a Canadian publicly listed crypto holding company, has been released unharmed after a kidnapping incident. The company owns one of Canada's major crypto exchanges.

Crypto Executives Face Kidnappings

According to the CBC, Dean Skurka was forced into a car during rush hour in Toronto. The kidnappers demanded money for his release. Skurka paid a ransom of one million Canadian dollars ($720,660) and was subsequently freed without injury.

As the crypto bull market gains momentum—marked by ’s recent all-time high—cases of crypto-related kidnappings and extortion have also increased.

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