$40M crypto seized as Canada shuts TradeOgre exchange

Canada’s federal police service has announced the largest digital asset seizure in the country’s history, after over CAD 56 million (US$40 million) worth of digital assets were recovered from exchange TradeOgre. The action also marks the first time that a digital asset exchange has been “dismantled” by Canadian law enforcement.

On September 18, the Royal Canadian Mounted Police (RCMP) released a statement explaining that the seizure was the culmination of a year-long investigation by…

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