Criticism of Canada’s TradeOgre Seizure as ‘Theft from Numerous Innocent Users’
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Sep 19 2025RCMP Seizure of TradeOgre: The Royal Canadian Mounted Police (RCMP) seized over 56 million Canadian dollars from the crypto exchange TradeOgre, claiming it was involved in money laundering and failed to register with financial authorities. This marks the first dismantling of a cryptocurrency exchange by Canadian law enforcement.
User Backlash and Concerns: Users and supporters of TradeOgre criticized the RCMP's actions, arguing that many users are innocent and that using a non-KYC exchange is not a crime. Concerns were raised about the difficulty and complexity of reclaiming seized assets, with warnings about the extensive documentation required to prove ownership.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
