🚨 RCMP Nabs $56M CAD in Crypto, Takes Down TradeOgre in Canada’s Biggest Digital Asset Crackdown

Canada just dropped the hammer on crypto crime—hard. The RCMP’s latest bust seized a jaw-dropping $56 million in digital assets, shuttering TradeOgre in the process. Here’s the breakdown.

The Takeaway:

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Biggest haul ever:
No Canadian crypto seizure comes close to this $56M CAD grab.
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Exchange exit:
TradeOgre’s lights are out in Canada—permanently.
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Regulators flex:
The feds aren’t playing nice with unlicensed platforms anymore.

Why It Matters:

This isn’t just a raid—it’s a warning shot. Authorities are done with ‘wild west’ crypto ops. Meanwhile, TradFi bankers are probably still trying to figure out how wallets work.

The Bottom Line:

Canada’s crypto scene just got a brutal cleanup. Whether this chills innovation or burns bad actors? Dealer’s choice—but the RCMP just took their cut.