Crypto CEO kidnapped in $1m plot as Bitcoin hits record levels
One of the biggest crypto CEOs in North America, Dean Shurka, was kidnapped and held to a ransom of $1m.
Shurka is the head of crypto firm WonderFi in Canada. He has now been released unharmed after paying the sum.
WonderFi owns two crypto exchanges in Canada, Bitby and Coinsqaure. It comes after Bitcoin prices surged to an all-time high following the result of the US election.
Shurka was kidnapped on November 6 in Toronto, CBC reports.
He was reportedly forced into a car, with his captors demanding money for his release.
Police then found him in Centennial Park after the money was sent to the captors electronically. Shurka was not injured during the kidnapping.
“[WonderFi] is providing its full cooperation to the Toronto Police…
