Canada RCMP seizes over $56 million in cryptocurrency and closes TradeOgre platform
Source: ChainCatcher
Time: 2025-09-18 23:58:01
According to ChainCatcher, according to the RCMP official website, the Royal Canadian Mounted Police (RCMP) federal police eastern region carried out the largest cryptocurrency seizure operation in the country's history, with the seizure amount exceeding US$56 million and shut down the cryptocurrency trading platform TradeOgre for the first time. The investigation began in June 2024, and was derived from Europol clues, which found that the platform was not registered as a financial service enterprise with the Canadian Financial Transactions and Reporting Analysis Center (FINTRAC) and did not identify customers. The police believe that most of the platform's funds come from criminal activities, and related transaction data will be further analyzed, and charges may be filed in the future.