Don't pay the ransom, they said.
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Don't pay the ransom, they said. No way this isn't becoming more of a thing. Guess the crypto bros will have to start spending more on physical security.
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 electronically, a source close to the investigation said. "
https://www.cbc.ca/news/canada/toronto/kidnapping-toronto-businessman-cryptocurrency-1.7376679
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Holy smokes. Missed this little factoid: "He says Skurka's abduction is the 171st instance of suspects using physical violence to steal bitcoins, that he's aware of."
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@briankrebs Today's solemn scripture reading:
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This reminds me of a current situation I was talking about the other day with @nixonnixoff: In the cybercrime arena of monster cryptocurrency heists, more often than not now other criminal groups figure out who made the big score, and then target that person. That is to say, the crooks are figuring it out and acting on the information faster than the feds can.
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⚯ Michel de Cryptadamus ⚯replied to BrianKrebs last edited by
@briankrebs @nixonnixoff remember 2 years ago after FTX collapsed and all these billionaire crypto bros suddenly "died in their sleep" or "drowned in the ocean"?
yea.
The Even More Than More Than Seven Seals Of The Cryptocalypse
The end is even nigher.
(cryptadamus.substack.com)
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Doctor Popularreplied to DJM (freelance for hire) last edited by
@cybeardjm @cryptadamist @briankrebs @nixonnixoff damn! The $5 wrench attack strikes again. I guess that's about 490 ₽.