Canada Cops Just Folded a Shady Crypto Exchange 💀💸
Canada Police Dismantles TradeOgre Platform That Stolen 56 Million Dollars in Cryptocurrency. TradeOgre, a crypto exchange hiding in the dark web, just got yeeted by Canadian police. They seized like, $56 million (or maybe $40 million? The tea's kinda confusing) that cybercriminals were using to sta
TL:DR
TradeOgre, a crypto exchange hiding in the dark web, just got yeeted by Canadian police. They seized like, $56 million (or maybe $40 million? The tea's kinda confusing) that cybercriminals were using to stash their ill-gotten gains. Users are big mad 'cause they might lose their bread.
The Deets
Okay, so listen up, fam. Canadian law enforcement just pulled off a major W by shutting down TradeOgre, which was this super sus crypto exchange operating on the Tor network. Basically, it was a hidden service where people could trade crypto without showing ID or anything, which made it a haven for cybercriminals tryna move their dirty money.
Apparently, these TradeOgre guys were using all sorts of sneaky tactics to stay hidden. We're talking VM clusters, Tor circuits, randomized VPN endpoints – the whole shebang. But the RCMP was onto them, spotted some weird traffic, and swooped in to seize over $56 million (other sources said $40M so, idk, money's money) in digital assets back in September 2025. Biggest crypto bust in Canadian history, no cap!
The thing is, now everyone's kinda pressed. Regular users who had legit funds on TradeOgre are stressing 'cause they might never see their money again. Some peeps are even comparing it to the BTC-e situation, which was a total mess for anyone trying to get their funds back. The RCMP thinks most of the money on TradeOgre was tied to criminal activity, but still, it's a major L for everyone involved.
Turns out TradeOgre was dodging Canadian financial laws. They didn't register with FINTRAC and weren't verifying who their users were. The Mounties think a huge chunk of cash flowing through TradeOgre was sus, linked to illegal stunts. They're dissecting transaction data, hinting charges might drop.
Abbreviations Glossary
| Abbreviation | Full Form |
|---|---|
| Yeeted | To throw with force; but in this case to remove or shutdown |
| Sus | Suspicious |
| No cap | No lie; for real |
| Pressed | Stressed |
| L | Loss |
| W | Win |
| Dirty money | Illegally obtained money |