Overview

• The RCMP’s federal policing unit in Quebec says it dismantled TradeOgre and replaced its homepage with a seizure notice.
• The force describes the action as the first takedown of a cryptocurrency exchange by Canadian law enforcement and the country’s largest crypto seizure.
• The investigation began in 2024 following a tip from Europol to the RCMP’s money‑laundering team.
• Investigators say TradeOgre failed to register with Fintrac as a money services business and did not identify clients, and they believe most funds were criminal in origin.
• No arrests were disclosed, and police say charges may follow after analysis of transaction data as the probe continues.