Police Confirms Largest Crypto Seizure In Canadian History
The Royal Canadian Mounted Police (RCMP) has confirmed a record-breaking seizure of cryptocurrency linked to the centralized exchange TradeOgre, taking control of assets worth more than 56 million Canadian dollars—about 40 million US dollars—following a federal policing investigation in Quebec. The agency described the operation as “the largest cryptocurrency seizure in Canadian history,” and said […]
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In a recent announcement, the Canadian Royal Mounted Police (RCMP) stated that it had carried out the largest cryptocurrency seizure in Canadian history. Notably, the RCMP seized digital assets worth 56 million CAD (40 million USD) from an unlicensed crypto exchange. Canadian Police Seize Crypto Worth $40 Million Canada’s national police – the RCMP – […]
The percentage of illegal crypto transactions, according to this Chainalysis report, is about 2% of total transactions. Although the majority of cryptocurrency transactions is not illegal, it is increasingly being used for criminal activities. As part of a dark web operation, Australian police have conducted a massive cryptocurrency seizure. The total value seized was about $6 million (AUD 8.5 million). According to the authorities, this is the largest crypto seizure made in Australia in history. Crypto Seizure And The Dark Web Victoria police reported that the seizure was part of an....
Canadian law enforcement officials want to make their jobs easier, lobbying for a new law that would force people to give up their computer passwords upon request. Canadian Police Back Resolution to Compel Users to Give Up Passwords. The Canadian Association of Chiefs of Police (CACP) passed a resolution on August 16, 2016, advocating for such a law to be enacted by parliament. The timing of the resolution was decisively made to maximize its influence, as the Canadian government has begun conducting a study on cybersecurity and how to balance online freedoms with the police’s ability to....
The man who stole over 50,000 bitcoins from the Silk Road marketplace has pleaded guilty. According to the U.S. Department of Justice, “the seizure was then the largest cryptocurrency seizure” in the history of the DOJ and “remains the department’s second-largest financial seizure ever.”
Silk Road Exploiter Pleads Guilty
The U.S. Department of Justice (DOJ) announced Monday that James Zhong pleaded guilty on Friday “to committing wire fraud in September 2012 when he unlawfully obtained over 50,000 bitcoin from the Silk Road dark web....
The Royal Canadian Mounted Police has ordered regulated financial firms to cease interacting with Bitcoin addresses allegedly connected to the Freedom Convoy.