Canadian police have confiscated $ 56 million in CAD (USD 40.5 million) of digital assets after closing an exchange in the country’s largest cryptography crisis to date, according to a Canadian Royal Police statement (RCMP).
The RCMP said that it has removed the crypto exchange trade after a tip from the European authorities and that the platform has not respected the money laundering regulations.
The Tradeogre website no longer works, showing a message that was entered by Canadian police. The RCMP said Decipher That he had seized Bitcoin,, Ethereum,, Xrp,, Litecoin,, TronAnd Qubic Until now in the operation.
“Investigators have reason to believe that the majority of funds treated on Tradeogre came from criminal sources,” said the RCMP statement.
“The main attraction of this type of platform, which does not require users identifying themselves to create an account, is that it hides the source of the funds. It is a current tactic used by criminal organizations that whiten money.”
He added: “The transaction data obtained from the platform will be analyzed and the costs can follow. The survey is underway.”
Reddit publications show that people asking why the exchange had stopped responding and working for users two months ago.
A user wrote: “The guys, what’s going on at Tradeogre? They have been a silent and offline radio for 24 hours now, I had around 25,000 USD to deposit on the platform, is it an exit scam? What are the latest news?”
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Tradeogre did not respond to Decipher Comment request.
Blockchain’s data office Arkham Intelligence said in a blog post that he had followed by Tradeogre’s transactions while millions of dollars in crypto had left the exchange.
He added that the exchange allowed users to negotiate parts of confidentiality – cryptocurrencies whose transaction data is largely hidden to allow anonymous silver movements.
Bitcoin was recently negotiated at $ 116,670, up 1.8% in the last 24 hours and almost 3% in last week.
