WonderFi CEO kidnapped and forced to pay $1M ransom: Report
Summary
Dean Skurka, CEO of WonderFi Technologies, was kidnapped in downtown Toronto on November 6 and forced to pay a $1 million ransom for his release. He confirmed involvement in an "incident" but stated he is safe and that company funds and data remain unaffected. The police are investigating the case, with no further details released. This incident highlights a troubling trend of abductions targeting crypto executives for financial gain. WonderFi, a prominent Canadian crypto firm backed by Kevin O’Leary, has a market cap of $75 million and manages $1.35 billion in assets. The company develops centralized exchanges and decentralized protocols and owns several crypto firms, including Coinsquare and Bitbuy.
