RCMP Disrupts Major Illicit Crypto Hub and Seize $56M in TradeOgre Takedown
Last week, the Royal Canadian Mounted Police (RCMP) announced the largest cryptocurrency seizure in Canadian history, dismantling the offshore exchange TradeOgre and taking control of more than USD 40 million (CAD 56 million) in digital assets. Investigators leveraged blockchain intelligence and digital forensics to identify illicit flows and recover wallets holding criminal proceeds—turning what many considered “unrecoverable” assets into evidence and restitution potential.
TRM Labs is proud to have supported the RCMP in this and other investigations.
For years, TradeOgre operated in the shadows—unregistered with FINTRAC, offering anonymous trading with no meaningful KYC—and became a magnet for illicit finance. Investigators…
