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A body found in Montreal’s Île-de-la-Visitation park on Oct. 30 has been identified as missing crypto influencer Kevin Mirshahi, according to a report from the Montreal Gazette. Mirshahi, who was 25 years old, was first abducted on June 21 along with three others, who were later found alive. One of the abductees, Joanie Lepage, 32, was charged with first-degree murder of Mirshahi and the abduction of him and the others. Mirshahi was involved in a crypto investment scheme called Crypto Paradise Island, which was under investigation by authorities. The scheme was implicated in a pump and dump scheme involving a token called Marsan ($MRS), causing losses for its members. Mirshahi had been under investigation by Quebec’s investment regulator since 2021.

Mirshahi’s body was discovered a week after another cryptocurrency-related kidnapping in Toronto, where Dean Skurka, CEO of WonderFi, was forced into a car and demanded ransom. The incidents in Canada reflect a broader trend of physical crime involving cryptocurrency around the world. There have been 18 attacks with links to cryptocurrency this year, including cases of investors being lured for P2P trades, home invasions, and even murders.

It’s essential for individuals involved in the cryptocurrency industry to be vigilant and cautious, given the increasing risks associated with physical crime. Authorities need to continue investigating and prosecuting those involved in fraudulent schemes and criminal activities related to cryptocurrency. The incidents in Canada serve as a reminder of the importance of regulatory oversight and investor protection in the crypto space.

As the cryptocurrency industry continues to grow and evolve, it’s crucial for individuals to conduct thorough research, exercise due diligence, and be aware of potential risks. Education and awareness can help prevent falling victim to scams and fraudulent schemes. By staying informed and following best practices, individuals can navigate the crypto landscape more safely and securely.