🚨 RECORD CRYPTO SEIZURE IN CANADA 🇨🇦
The Royal Canadian Mounted Police (RCMP) have seized over $56 million CAD in cryptocurrency, marking the largest digital asset confiscation in Canadian history.
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🧑💻 SHUTDOWN OF TRADEOGRE EXCHANGE
The RCMP dismantled TradeOgre, an online platform used by criminal organizations for money laundering. The exchange allowed users to trade anonymously, concealing the origins of illicit funds.
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🕵️♂️ INVESTIGATION DETAILS
The operation began in June 2024 following a tip from Europol, the European Union’s law enforcement agency. Investigators discovered that TradeOgre failed to register with Canada’s financial authority and did not verify user identities.
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⚖️ ONGOING INVESTIGATION
While no arrests have been made yet, the RCMP is analyzing transaction data from the platform. Charges may follow as the investigation progresses.
TEAM COINPOWER
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