Security expert explains why a Toronto crypto CEO was kidnapped
A prominent Toronto figure at the helm of a company specializing in cryptocurrency was kidnapped on Wednesday, and a crypto security expert is weighing in on why he was targeted.
Toronto police told Now Toronto on Friday that a male victim was forced into a vehicle by unknown suspects and held for ransom.
The victim was later located in Centennial Park without any injuries, investigators confirmed.
Dean Skurka, the president and CEO of Toronto-based financial firm WonderFi, identified himself as the victim in a statement on LinkedIn on Friday.
He was allegedly released following the electronic transfer of a $1 million ransom, CBC reported.
“I want to reassure everyone that I am safe and doing…