Toronto crypto company CEO kidnapped, held for $1M ransom before being released
The head of a company specializing in cryptocurrency was kidnapped and held for ransom in downtown Toronto during rush hour Wednesday.
Police were called about a kidnapping in the area of University Avenue and Richmond Street W. just before 6 p.m., says a spokesperson with the Toronto Police Service.
The suspects forced the victim into a vehicle and made a demand for money, the spokesperson said.
The man was later located in Centennial Park in Etobicoke uninjured.
CBC Toronto has learned the victim is Dean Skurka, the president and CEO of Toronto-based financial firm WonderFi. He was released after a ransom of $1 million was paid…
