Suspects forced a person into a vehicle in downtown Toronto and demanded money just before 6 p.m. Wednesday, Toronto Police told CBC News. Police later found the victim, Dean Skurka, CEO of crypto firm WonderFi, unharmed in Etobicoke’s Centennial Park. In an email to The Logic, Skurka confirmed he is safe and said WonderFi’s client funds and data were not affected. (The Logic, CBC News)
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Suspects forced a person into a vehicle in downtown Toronto and demanded money just before 6 p.m. Wednesday, Toronto Police told CBC News. Police later found the victim, Dean Skurka, CEO of crypto firm WonderFi, unharmed in Etobicoke’s Centennial Park. In an email to The Logic, Skurka confirmed he is safe and said WonderFi’s client funds and data were not affected. (The Logic, CBC News)
Talking point: WonderFi owns some of Canada’s most popular crypto-trading platforms, including BitBuy and Coinsquare. The attackers released Skurka after he paid a $1-million ransom electronically, CBC News reported. High-profile figures in the crypto world face significant security risks. In so-called “$5 wrench attacks,” robbers threaten or assault people known to hold large amounts of crypto, forcing them to give up information that would let someone transfer it. Toronto-based Ethereum co-founder Anthony Di Iorio announced he would leave the crypto industry in 2021 over such security concerns, but returned a year later to launch the blockchain project Andiami.
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