News release: RCMP executes record seizure of more than 56 million dollars in cryptocurrency
An investigation by the Royal Canadian Mounted Police Money Laundering Investigative Team (MLIT) has led to the seizure of more than $56 million dollars in cryptocurrency — the largest crypto seizure in Canadian history. The investigation found that the business involved failed to register with FINTRAC as a money services business. The cryptocurrency exchange platform has been dismantled by Canadian law enforcement.An investigation by the Royal Canadian Mounted Police Money Laundering Investigative Team (MLIT) has led to the seizure of more than $56 million dollars in cryptocurrency — the largest crypto seizure in Canadian history. The investigation found that the business involved failed to register with FINTRAC as a money services business. The cryptocurrency exchange platform has been dismantled by Canadian law enforcement. Read More