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Crypto Firm CEO Kidnapped in Toronto, Held for Ransom and Then Freed After $1,000,000 Payment: Report

Crypto Firm CEO Kidnapped in Toronto, Held for Ransom and Then Freed After ,000,000 Payment: Report

The chief executive of a crypto firm was reportedly kidnapped in Toronto and only freed after a $1 million ransom was paid. According to a new report by the Canadian Broadcasting Corporation (CBC), Dean Skurka, the CEO of crypto financial services firm WonderFi was kidnapped in downtown Toronto earlier this week and only released after […]

The post Crypto Firm CEO Kidnapped in Toronto, Held for Ransom and Then Freed After $1,000,000 Payment: Report appeared first on The Daily Hodl.

No Middleman, No Problem? What 2025 Holds for Decentralized Exchanges

WonderFi CEO kidnapped and forced to pay $1M ransom: Report

WonderFi CEO Dean Skurka reportedly said in an email that he is “safe” now and that no company funds and data were impacted.

The CEO of Toronto crypto firm WonderFi Technologies was reportedly kidnapped and forced to pay a $1 million ransom for this release, CBC reported on Nov. 7.

Dean Skurka was “forced” into a vehicle in downtown Toronto during “rush hour” on Nov. 6 and made a $1 million electronic transfer to secure his release, a source close to the investigation told CBC.

Skurka reportedly confirmed via email that he was involved in an “incident” on Nov. 6 but is safe and that company funds and data were not impacted.

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No Middleman, No Problem? What 2025 Holds for Decentralized Exchanges

$230M Bitcoin Heist Takes Dark Turn — $100M Still Missing, FBI Probes Kidnapping Link

0M Bitcoin Heist Takes Dark Turn — 0M Still Missing, FBI Probes Kidnapping LinkTwo young men pulled off a $230 million bitcoin heist in one of the largest crypto thefts from a private individual in U.S. history. But after indulging in luxury cars and a $2 million watch, the story took a sinister twist. Now, prosecutors say the crime may be tied to a shocking kidnapping — and […]

No Middleman, No Problem? What 2025 Holds for Decentralized Exchanges

Crypto Platform CEO Arrested for Allegedly Paying Deputies in Extortion Scheme

Crypto Platform CEO Arrested for Allegedly Paying Deputies in Extortion SchemeCrypto platform Zort’s CEO has been arrested on multiple charges. Allegations against Iza include paying large sums to Los Angeles County deputies for illegal activities, such as unlawful searches, extortion schemes, and even a failed kidnapping attempt. “Iza boasted about paying ‘active duty’ law enforcement $280,000 per month,” according to the authorities. Crypto Platform CEO […]

No Middleman, No Problem? What 2025 Holds for Decentralized Exchanges

Indian Authority Arrests Man in Crypto Extortion Case

Indian Authority Arrests Man in Crypto Extortion CaseA Gujarat-based man, Shailesh Babulal Bhatt, was arrested under the anti-money laundering law in connection with kidnapping and extortion cases, including a significant cryptocurrency-related crime exceeding Rs 1,200 crore ($144 million), according to the Enforcement Directorate (ED). Bhatt was taken into custody following a money-laundering probe initiated by the ED based on FIRs filed by […]

No Middleman, No Problem? What 2025 Holds for Decentralized Exchanges

Malaysian Police Hunt 4 Suspects in Kidnapping Case Involving $1.2M Crypto Ransom

Malaysian Police Hunt 4 Suspects in Kidnapping Case Involving .2M Crypto RansomSelangor police in Malaysia are pursuing four local suspects connected to the July 11 kidnapping of a Chinese national and a Malaysian woman near the Lebuharaya Maju Toll Plaza in Cyberjaya. Selangor Police Chief Datuk Hussein Omar Khan disclosed that three men and a woman remain at large, while 14 others involved have been apprehended […]

No Middleman, No Problem? What 2025 Holds for Decentralized Exchanges

Bulgarian Crypto Trader Disappears Under Mysterious Circumstances

Bulgarian Crypto Trader Disappears Under Mysterious CircumstancesThe whereabouts of Alexander Altunbashev, a Bulgarian entrepreneur and crypto trader, are unknown since Monday. Law enforcement officials are now investigating his possible abduction while some in the local crypto community speculate he might be hiding from disgruntled investors. Bulgarian Authorities Investigate Possible Kidnapping of Alleged Crypto Millionaire Police in Bulgaria are trying to locate […]

No Middleman, No Problem? What 2025 Holds for Decentralized Exchanges

US ‘Kidnapped’ Russian Crypto Businessman Denis Dubnikov, Lawyer Says

US ‘Kidnapped’ Russian Crypto Businessman Denis Dubnikov, Lawyer SaysU.S. law enforcement agents have “kidnapped” crypto entrepreneur Denis Dubnikov in Mexico, before transferring him to the Netherlands where he was arrested, his lawyer told Russian media. Dubnikov is suspected of money laundering and faces up to 20 years in prison if extradited to the United States. FBI Accused of Kidnapping Russian Citizen With Cryptocurrency […]

No Middleman, No Problem? What 2025 Holds for Decentralized Exchanges