The CEO of top Canadian cryptocurrency firm WonderFi was recently the victim of a harrowing kidnapping in Toronto, escaping only after the fulfillment of a $1 million ransom demand. Details emerging around this incident from authorities have raised concerns about the vulnerability of high-profile figures in the crypto space as Bitcoin values hit new record highs.
Bitcoin is undoubtedly the biggest cryptocurrency on the market, but its prices have seen wild fluctuations in recent years. 2021 saw the cryptocurrency plummet nearly 30% from its peak. Bitcoin crashed even harder in 2022, with values falling below $30,000. However, 2024 has been kinder to those who held the Bitcoin line, as the cryptocurrency is currently hovering around its 2021 value and even surpassed $70,000 recently, a new all-time high.
A Call of Duty: Warzone cheat maker is being accused of using hacks to steal and mine Bitcoin from their customers' computers.
However, the exceptional surge in Bitcoin's value didn't end up being great news for Dean Shurka, the president and CEO of Canadian cryptocurrency firm WonderFi, who was kidnapped and held for ransom on Wednesday, November 6, in Toronto. The incident occurred in the early evening near University Avenue and...
