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Bitcoin Seized: Canada Recovers $20M Crypto

RCMP Executes Largest Crypto Seizure in Canadian History

  • The Royal Canadian Mounted Police (RCMP) seized over CAD $56 million in cryptocurrency.
  • This marks the largest digital-asset recovery ever conducted by Canadian law enforcement.
  • The seizure is linked to the exchange Tradeogre, which was dismantled as part of the operation.
  • RCMP utilized OP_RETURN messaging to publicly disclose the seizure details.

Canada’s RCMP has conducted a significant operation resulting in the seizure of more than CAD $56 million in cryptocurrency, establishing a new record for digital-asset recoveries in the nation. This operation also marked the first time a crypto trading platform, Tradeogre, was dismantled by Canadian authorities.

The use of OP_RETURN messaging by RCMP highlights their innovative approach to transparency during this unprecedented crypto asset recovery effort. Source

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