The CEO of a cryptocurrency firm was kidnaped and held for a C$1 million ransom in Toronto, according to local press reports.
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Dean Skurka, the president and CEO of Toronto-based WonderFi, was forced into a vehicle in downtown Toronto on Wednesday evening.
He was released after a C$1 million ransom was paid electronically, according to CBC, citing a source close to the police investigation.
Skurka has told CBC that “client funds and data remain safe, and were not impacted by this incident”.
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