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Record-breaking $56M in cryptocurrency seized by RCMP
More than $56 million in cryptocurrency has been seized by the Royal Canadian Mounted Police (RCMP) in the largest operation in Canadian history. The money was recovered from the platform TradeOgre, marking, according to the force, the first time that a cryptocurrency exchange platform has been dismantled by Canadian law enforcement. “The Money Laundering Investigative Team (MLIT) opened the file in June 2024, following a tip from Europol,” the RCMP states. “The investigation found that the platform contravened Canadian laws and regulations. Specifically, it failed to register with the Financial Transactions ... (full story)
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