$1,000,000 for freedom: the head of a crypto company was kidnapped in Toronto

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On the day of the crime, the bitcoin rate soared to a record level.

In downtown Toronto, criminals kidnapped the head of the financial company WonderFi, Dean Skurka. According to the police, the incident occurred on Wednesday around 18:00.

The attackers forcibly put Skurka in a car and demanded a ransom of a million dollars. After the electronic transfer of money, the criminals released the head of WonderFi. Police later found Skurka in Centennial Park in the Etobicoke district, safe and sound.

The day after the incident, the head of WonderFi confirmed the incident by email, assuring that he was safe. The company also issued an official statement, stressing that customer funds and data were not affected. The police continue to investigate the circumstances of the crime.

According to Jameson Lopp, co-founder and chief security officer of Casa, a company specializing in the protection of cryptocurrency users, the Skurka case was the 171st recorded incident involving the use of physical violence to steal bitcoins. The specialist notes a direct relationship between the number of such crimes and the cryptocurrency rate.

It is noteworthy that on the day of the abduction, the bitcoin rate reached an all-time high, exceeding the $75,000 mark. According to Lopp, cryptocurrencies are becoming an attractive target for criminals due to the ease of transportation and gaining control of assets compared to traditional bank robberies.

The specialist emphasizes the vulnerability of cryptocurrency holders, even among multimillionaires of the early period of digital asset development. Many people do not pay enough attention to physical security and privacy protection. While most of the victims of such crimes are ordinary citizens, public figures in the crypto industry often underestimate the risks and neglect the necessary security measures.

The kidnapping of the head of WonderFi coincided with the publication of the company's quarterly report, which showed an increase of 153% compared to the same period in 2023.

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