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I remember that the Lazarus hacker group used their platform to launder approximately $238,973 in stolen funds from the Bybit hack. So, was TradeOgre shut down, or is this an exit scam by the exchange?

Website down as of 30th July 2025. https://tradeogre.com/ (https://tradeogre.com/) (down since 18hrs ago | No official announcement yet )

I doubt it's seized. Otherwise law enforcement would've announced it.

Some people on twitter are speculating that it's just a cloudflare maintenance thing.... others, are saying there have been some suspicious activities related to the exchange's addresses for the past few weeks: https://x.com/flexamused/status/1950426088405913964

Clicking on the link will take you to Cloudflare but origin server doesn't respond to Cloudflare's requests a.k.a error 522
exit scam

It was seized, I guess, same as OmegaStarscream's doubt. Since they are not licensed exchanges, KYC is not mandatory.

I don't know why others are still trading on TradeOgre; most of the shitcoins are stuck on that exchange, including my coins before.

A couple of days ago, my bitcoin deposits were being delayed, but they eventually showed up. That had never happened before, so I assumed they were having problems with their bitcoin node.

Now this happens. So my guess is that it either a DDOS attack or some sort of server maintenance/upgrade. There has been no official announcement from them, however. So who really knows.

I believe it is an exit scam, some people are also suggesting this over the internet. They don't implement kyc, so the first suspicion would have been that it was seized, but since law enforcement has not made that announcement, then it is most likely an exit scam.

However, if it turns out to be a maintenance issue, it would still turn out bad for the exchange, because the moment they are back up, i am sure majority of people with funds in there would move it out, and we know what is likely to happen if that's the case.

From what I observed, all the seized crypto platforms had law enforcement logo plastered on their website, and they tell you exactly it was seized by LE. So I'm leaning less towards this.

I've seen people saying this isn't the first time TradeOgre went down without any announcement. How true is this? I did find redditors complaining it was down a year ago, and looked up their X account for related keywords involving an announcement but nothing came up. It's pretty disrespectful to treat your users that way if so, especially with exchanges going down left and right. Imagine the anxiety.

So at the moment, leaning towards that or exit scam.

Yeah 4 sure they exit .... you do not transfer all the funds ... to binance 4 nothing ... binance haz a huge volume ... so :)))

I think they might be facing technical issues, as they haven't transferred any assets from their publicly available address. The last outgoing transaction was 2 days ago around the same time the website went down. But it is indeed concerning that they just went offline without any notice or announcement. They hold around 407 BTC in their hot wallet (around $12M as of writing this), $10M AUSDT, $2.581M USDT, and 184.287 ETH ($711.7K). That's a huge amount, though not as much compared to other exchanges. Still, they should make an announcement about what actually happened.

I am not a customer, so i don't really know if their previous downtime was anything like this one. However, i have read customers complaining of performance related issue on the platform in the past, i.e. slow withdrawal times and the rest.
It is not so hard for them to come out and say they are having technical issues, imagine the anxiety for customers who have funds trapped in this service, i read on Reddit a guy saying he has ~ $20k in the exchange, which is half of all he has. Fingers crossed anyway, and for their sake i hope it is just a technical issue.

People have been trying to warn everyone for years. 


https://www.talkimg.com/images/2025/07/31/UHstGf.jpeg



https://www.talkimg.com/images/2025/07/31/UHszyZ.jpeg

Maybe something happened to the owner/operator? Dead? Ill? Held hostage?

TradeOgre was run by anonymous individuals, but there is no way it would have been a single person, should be something like a team with a few people in it. So even if something goes wrong with one person, i don't think that should bring operations to a complete halt, except they all lived and moved together, which is very unlikely. I'm still leaning towards an exit scam, until there is new information.

This feels exactly like the platform was abandoned because something happened to the operator.

Especially if we start seeing expired domains and stuff.

Perhaps their hosting expired because of that.

Either way, I don't think they are coming back.

What is happening to private exchanges these days?

Can you explain, why are you distributing fake screenshot?
Proof: https://www.lazarusbounty.com/en

Why would he share a fake screenshot? What would he gain from it?

If you look closely, it's quite clear that the information has changed in the past few days. Check the archive from way back in May, Tradeogre was listed - https://web.archive.org/web/20250411122215/https://www.lazarusbounty.com/en/

And now it's off the list, also the number of bounty hunters has gone up to 13 from 12 that OP posted. Coincidence?

Another reason it could be down is that the people who run it are protecting the cryptocurrency Tari from being sold off during its rather large pump it has been going thru since 2 nights ago iirc.  I was thinking about selling some Tari and Tradeogre is the only place I know of or have used to trade and deal Tari.  Tari could go up more, but it doesn't help if you have a bunch of people selling it.  

Another reason it could be down is that whenever I actively use anything on the web the masters behind stuff cancel it and ban it.  So it is rather a bad thing if I get involved with anyone they invariably go down as soon as I get on board.  Unless it's stuff I really don't use or like myself and it is just there to antagonize me anyways.  I know it seems like I am not in reality here but I just ramped up my activity buying a lot of Tari just before this happened, and I know for a fact that tari doubled in price just as this started 2 or 3 nights ago.  I could have made a small gain selling it and then buying it at its new low (still up from the atl for this new currency) very easily.  (BTW you can mine Tari it is set to be mined to the tune of 15 billion or so over the next 3 years).

And how does anyone other than wallets get away with not insisting on KYC?  I personally would never do KYC I just don't have any details to share I am a faceless and nameless intelligence or unintelligence if you see it that way I really don't care.  But to not have KYC and just let us trade and do what we want.  I would not be surprized if Google or whoever just took them out of the DNS system.  It is a very corrupted internet.  Hardly works at all anymore.  Really has gotten harder to use search engines to search and phones to play...everything has gotten harder.  Trade Ogre was working well for me.  Yes I noticed the thing where they didn't add my funds right away on the last day or 2 after I made a deposit it took HOURS to get there.  That was unusual.  Dont really know the answers just my observations.

But Tari yall.  Tor and Tari ftw.  Mined or bought.

This screenshot was taken from the archive. If you check my post, I started by saying 'I remember,' which means I’m talking about the past. This screenshot is not fake it’s an old one. As you can see, the current 'No-Response Time' for eXch on the LazarusBounty website is now at 159D 21H 12M, while in my screenshot it is at 48D 4H 14M. I don’t know why TradeOgre was removed or how it mysteriously disappeared from their website you need to contact LazarusBounty for that. So I speculated that their downtime could be due to a government seizure, as eXch.cx was seized by the government just a day before it shut down."



Yes, this is the link I took the screenshot from. I couldn't find any reason why they were removed, and I don't see them listed under good actors either.

This particular website is designed to make it easy to conduct a witch-hunt against privacy services just for receiving NK inputs.

It is basically an ultimatum to convert to KYC (and scam users) or we will shut your website down and get you arrested.

Guess who profits from this?

The KYC brokers.

The irony is that hackers launder the funds, but privacy focused exchanges end up paying the price for the hunt.

The TO adresses still receiving deposits https://intel.arkm.com/explorer/entity/tradeogre

Still down. I have ~85 LTC on it. I hope it will be online as soon as possible.
In a few days before shutdown, I saw something strange. In 28th July I'd sent some LTC from a Tradeogre account. That was a delay for a 15 minutes before transaction was created. I thought that there was a mempool's overflow, but the Tradeogre wents offline in a two days after that.
Also I'm checking the same thread on Reddit: https://old.reddit.com/r/xmrtrader/comments/1mcg50o/tradeogre_down_atm/
P.S. This is my first login on a ~5 years for write this message.

That's right. In a few months ago Tradeogre wents down for a few days.

and where exactly this information was published? I didn't saw anything published by TO talking about...

Okay, that's confirmation from someone who uses this exchange that this isn't the first time they have gone down without any notice. So when they went down previously and later resumed operation, did they give any reason as to why the platform was down?
But you still left ~ 85 ltc in the platform, why is that, why do you even store that much money in a centralized exchange.

Nope. They're never comment their shutdowns in their Twitter.
Because this is not a Russian exchange. I'd lost some BTC on WEX in the past. While Tradeogre is in USA, so I believe them more.
I think it's a technical issues. But this excnahge was never offline so long time.

not to spread FUD, but couldn't the exchange have been seized back then and they kept it running as a honeypot until now?
it wouldn't be the first time agencies have done that. but it doesn't explain why they would take the site down now, unless they think they got enough info on people they were after.

Tradeogre not commenting on the site being down is concerning tbh.

i hope that's the case, and we are not lossing another privacy focused exchange.

Most likely, it's an exit scam. When a service is seized, a big banner will be displayed once search the domain that the service was seized from known authorized authority. And when the service is down for maintenance, a detailed announcement should be made before enough time. If it's the case here with Tradeogre, then a disaster should happen right after the system is back online. So by elimination, the service is not under maintenance, neither seized, it's an exit scam.

That is surprising. I would be worried about using or leaving my funds in a service that shutdown without notice and resumes operations like nothing actually happened. That's a big red flag.
For whatever it is worth, it does not matter where a centralized exchange is registered, not your keys, not your coins still stands. However, that matters less to you right now, and for your sake and others who have funds in there, let us hope it is one long technical issue.

So a crypto exchange based in USA, and doesn't comply to standard KYC/AML policies US watch dogs want?

Apparently, no restrictions for USA citizens as well? can anyone confirm?


AFAIK, they have XMR too, no? honestly, this would just make me more nervous. Privacy crypto platforms are generally advised to stay away from countries like USA.

I'm also hoping it's all technical issues, but NGL, it's really worrying that they're still down. From your words, it appears this is the longest too. Let's hope for the best.

Domain Name: tradeogre.com
Registry Domain ID: 2207359191_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.godaddy.com
Registrar URL: https://www.godaddy.com
Updated Date: 2025-02-12T21:07:24Z
Creation Date: 2018-01-01T02:18:30Z
Registrar Registration Expiration Date: 2029-01-01T02:18:30Z
Registrar: GoDaddy.com, LLC
Registrar IANA ID: 146
Registrar Abuse Contact Email: abuse@godaddy.com
Registrar Abuse Contact Phone: +1.4806242505
Domain Status: clientTransferProhibited https://icann.org/epp#clientTransferProhibited
Domain Status: clientUpdateProhibited https://icann.org/epp#clientUpdateProhibited
Domain Status: clientRenewProhibited https://icann.org/epp#clientRenewProhibited
Domain Status: clientDeleteProhibited https://icann.org/epp#clientDeleteProhibited
Registry Registrant ID: Not Available From Registry
Registrant Name: Registration Private
Registrant Organization: Domains By Proxy, LLC
Registrant Street: DomainsByProxy.com
Registrant Street: 100 S. Mill Ave, Suite 1600
Registrant City: Tempe
Registrant State/Province: Arizona
Registrant Postal Code: 85281
Registrant Country: US
Registrant Phone: +1.4806242599
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email: https://www.godaddy.com/whois/results.aspx?domain=tradeogre.com&action=contactDomainOwner
Registry Tech ID: Not Available From Registry
Tech Name: Registration Private
Tech Organization: Domains By Proxy, LLC
Tech Street: DomainsByProxy.com
Tech Street: 100 S. Mill Ave, Suite 1600
Tech City: Tempe
Tech State/Province: Arizona
Tech Postal Code: 85281
Tech Country: US
Tech Phone: +1.4806242599
Tech Phone Ext:
Tech Fax:
Tech Fax Ext:
Tech Email: https://www.godaddy.com/whois/results.aspx?domain=tradeogre.com&action=contactDomainOwner
Name Server: CLAY.NS.CLOUDFLARE.COM
Name Server: LORNA.NS.CLOUDFLARE.COM
DNSSEC: unsigned
URL of the ICANN WHOIS Data Problem Reporting System: http://wdprs.internic.net/
>>> Last update of WHOIS database: 2025-08-01T22:44:57Z <<<
For more information on Whois status codes, please visit https://icann.org/epp

Does anybody called them?

Thats of no use it is an proxy number given by domain provider.

funds in TradeOgre hot wallet remain untouched and have not been transferred anywhere

https://etherscan.io/address/0x4648451b5f87ff8f0f7d622bd40574bb97e25980

i believe the situation might not involve a hack or an exit scam, we will wait and see...

https://talkimg.com/images/2025/08/02/UHjBmC.jpeg

So one week has passed, and TradeOgre is still down. TBH, it's getting harder to believe this ain't an exit scam. 🤒

At this point, it wouldn't be odd if TradeOgre is kind of just buying time—by not moving funds—while people wonder if this is an exit scam or not. Less information for blockchain analysis companies to work with as well.

Of course, I do hope it's not an exit scam, and they will come back—if I had money there though, I would withdraw immediately and never come back lol.

Anyone have any other new information by any chance?

arrests or something more serious might be arise.

I think it is an exit scam, their telegram support guy, left the group without any explanation.

I think this is an exit scam... and I lost +/- $ 1000,00 USD.

A tough lesson:

Never store your crypto on exchanges. Protect your assets by keeping them in a personal wallet to prevent potential losses.

Yeah, if they ever come back, which i doubt, the exchange would probably not survive the 'bank run' that will ensue. Almost everyone will rush to withdraw their money, except the exchange blocks withdrawal.
I hate to hear that, sorry. I see guys on Reddit who claim to have lost a lot of money, really sad for them and i am sure they are constantly on tenterhooks to see the end of this situation.

I think he exited with xmr and selling them recently, xmr crashed $50. Just my assumption.

What are the odds?

https://en.wikipedia.org/wiki/Kamchatka_earthquakes#2025_earthquake

https://www.datacenterdynamics.com/en/news/88-magnitude-earthquake-causes-internet-outages-in-kamchatka-russia/

The sixth largest earthquake ever recorded happens at the Kamchatka Peninsula in Russia at almost the exact time that tradeogre goes down.

There is an undersea internet cable coming into the peninsula almost exactly where the epicenter was.

Did we just find where the exchange was being hosted?

Assuming this is not some sort of exit scam, If the website was hosted there and it went down, then it would make no sense for the operator to not make a social media statement and leave the coins alone up until now, unless he was literally killed or severely injured in the earthquake. I really hope that isn't the case. And from looking at Wikipedia, the odds of this having happened are quite low.

The strange thing is that there still seems to be steady routine BTC inflow into the exchange address, even as of a few hours ago, probably from miners.

Timing doesn’t match up. The exchange went down 18 hours before the earthquake happened.

I read a discussion on reddit on something similar. People suggesting that the exchange may have been operated from Russia and it is possible the owners were affected by this earthquake. All of which is just hopeful speculations, especially from people who have funds in there and are trying as much as possible to lean away from an exit scam.
The operators and owner are unknown.

 They waiting until the 'HEAT' dies down, exchange frozen indifferently?

Anybody know about this domain?


Could it have been a mirror site to tradeogre.com or just some random phishing site?
There has to be an explanation to the continuous deposit of BTC into the exchange's address as already observed by some member.

scam/phising. I tested it, it will tries to steal your 2fa key. I don’t think that’s going to be of much use to him right now either lol

Found an interesting comment in kycnot.me's tradeogre page

https://www.talkimg.com/images/2025/08/11/UStVnJ.png

The thread in question: https://nitter.net/flexamused/status/1950426088405913964

How true do you all think this is? unfortunately, I'm not savvy enough to analyze chunks of on-chain data. This certainly paints a different picture to me if true. This is only for ETH, btw.

KYCNOT.ME has also decided to mark TradeOgre as scam

https://www.talkimg.com/images/2025/08/11/UStcNH.png

I think the data is true but if we analyze furthermore we can see such huge TX happening time to time and I believe it is not owner but user making TX to Binance and I don't think the owner would be dumb enough to transfer money to Binance which doesn't make sense, or it could be a 3D chess move by owner to make us think otherwise, and I still believe it is exit scam, and he ran away with XMR he held not BTC or ETH.

I don't know that, but domain was privately registered by Domains By Proxy and GoDaddy.
Your theory about connection with earthquake is not adding up with Tradeogre owners not posting any announcement about this.
I am not sure if they exist scammed, but I would like this exchange to have proper closure.

Yeah, i also see that, they said it would be marked as a scam until the situation with TradeOgre is clarified, which is a smart thing to do. Instead of taking it down right now, this should be a warning until we are sure if this is an exit scam. It is over two weeks now and this service is still down, does anyone still believe this isn't am exit scam? All theories that claim otherwise does not make too much sense to me.

Tradeogre have a twitter support page with no explanations, so, I think it is an exit scam.

TO twitter (now X) address is verified one. So isnt it mandatory to provide contact number and card details for premium customers?
If so, is it difficult to find the owner of this exchange by going through the legal process?
For small holders it's really expensive but what about people who had several BTC and ETH there?

Gone are the days when verification on X.com were more about undergoing a real verification process to confirm that an individual or an entity is genuine and not some impersonator. These days, it's just about money thanks to Elon Musk and I can verify my account through payment using a card that does belong to me or ising an anonymous crypto card (there are so many available).

The legal process might be lengthy and might also involve a court order with the help of law enforcement if one needs privacy details about their x profile, of which one might not be sure if it's real info or not. The scammer could have pre-planned his exit from way back.

Yeah, could be users, but perhaps some are not? I think the chance is still there. I honestly thought scammers sending funds to CEX accounts is dumb as well until I learned there is a market for buying and selling verified accounts out there. And some accounts have real people behind them lending their identity in case accounts get flagged.


I still see people believing it's not an exit scam. I think they have money stuck in the exchange so they're hopeful.

I'm more of a believer that TradeOgre is a government-backed honeypot. No different than ANOM because criminals are typically not smart.

Look at the Jeandiel Serrano case: https://www.courthousenews.com/wp-content/uploads/2024/10/serrano-cryto-thief-doj-pretrial-detention-memo.pdf


Whoever runs it is not anonymous if the feds have account data. That they use services based in the United States like GoDaddy and Cloudflare creates an even easier paper trail of records to obtain. Not like they ever had a defined legal process for submitting and serving subpoenas. Make your own conclusions, but if they aren't working for the feds, then they are likely running from them for obvious reasons.

Repost from Reddit (http://"https://old.reddit.com/r/monerosupport/comments/1mdktbg/what_happened_to_tradeogre/?sort=new"):

What is the timing? Explain it here or that theory pans out.

That's an interesting find. Though if I understand correctly, the said claim about TradeOgre was coming from bad actors, right? hence I'm not sure how truthful they are bad actors do bluff as well or perhaps could be wrong on their assessment. 🤔

Could this be what happened to TradeOgre?

https://talkimg.com/images/2025/08/20/UZnAd5.png

There are several fake tradeogre sites that have been harvesting actively logins - seems like this is an organized scheme

https://www.tradeogre.us/

https://trade-ogre.com

https://traderogre.com

https://tradeogre.icu/

https://tradeogreexchange.live

https://tradeogre.org/

With a court order, the domain registry is required to break privacy and divulge the domain holders.

I assume they have a way of accessing accounts, even if the account holders do not, otherwise why go to all this trouble and risk?

my belief is the operators ran coz ground under them became too hot so they decided to pull the plug, are we sure authorities have control of their wallets and stuff? when will we know? years? justice system is so slow man, but maybe better treat it as FUNDs GONE anyway

I believe we may never know what exactly happened to TradeOgre and we can only speculate and make our own conclusions from the speculation we believe makes the most sense to us. Be it an exit scam, honeypot or if somehow the government now controls their wallets and are after the owners. It is just endless speculation and i am sure most people who have funds there are already coming to the realization that they may never get their funds back.

Funny part Govt running Honeypots and scams.

actually we might know when they start to liquate assets and auctions will take place, but this could be years away, look at cryptopia how slow that case is

I have partially answered this question in my latest video. 4 of TO wallets have been ordered to be frozen by a court order. It's not the only exchange mind you.

All exchanges, KYC and no-KYC, should be treated as public toilets. Get in, do your business, and get out. Do not linger inside.

Never heard that analogy before, but damned if it isn't as funny as it is true.  Unfortunately, TO had been around for quite a while and developed a reputation (justified or not) as an exchange that wasn't out to scam its customers, so I assume a lot of people became comfortable keeping their crypto parked there--and that's obviously a bad idea no matter what the exchange's reputation is.


Where did that document come from?  Looks to be an injunction of some sort, though I'm by no means a legal expert. 

My guess is that TO's situation has a lot to do with the crackdown on privacy that's apparently sweeping the globe.  That's a guess, mind you, and one I really don't hope is true.

TradeOgre is one of several exchanges that had wallets frozen.

https://talkimg.com/images/2025/08/25/UZjatZ.png
https://talkimg.com/images/2025/08/25/UZjUaf.png

its showing the impacted wallets and exchanges, i believe there is a connection.

https://talkimg.com/images/2025/08/25/UZjAy9.png

This is exactly the mistake a lot of people make. I remember telling him something about the dangers of CEX, and he said, "It's finance, nothing will happen to finance". Nothing happened to his coin, but this is the case with many people. As long as the exchange has been operating for a long time and has a reputation, then they can safely keep their coins there. After all, the exchange assures them their coins are perfectly safe.
They feel the exchange is too big to fail. "They have a reputation to uphold". In the world we live in, nothing is too big to fail. People never learn till it's too late.

I even have a friend who only got scared after he read about the bybit hack a few months ago, where they stole a lot of Ethereum from bybit. It was after that incident that he finally agreed to move to a non-custodial wallet. He had half of his life savings in bitcoin, and that really scared him. It was then he realised exchanges are not as safe or secure as they want the public to believe.
I honestly don't know why people will have the choice of having 100% control of their coins but still choose to hand that control over to someone else.

I think you mistakenly left a closing tag that shouldn't be there on your post. You should edit it and remove the last closing tag.


I doubt it. I never used it, though. I wasn't into Bitcoin then.
They've seen that there is money to be made, and they've had a taste of the money, so I doubt services like that will ever be available again. It would most likely not be profitable, so "it won't be worth it". Same way memes and altcoins will continue to be created. I heard Kanye West launched another memecoin a couple of days ago. There's money to be made.


As long as the government allows it. For now, they just make life difficult for them, and I feel this is because a lot of people don't use them compared to KYC exchanges. When you ask why the government are against non-KYC exchanges, they will give the usual excuses of fraud, terrorism, money laundering, but we all know the main reason.

^ This

Also, TO wallet stable coin wallets and ETH getting drained:  https://etherscan.io/address/0xc4bc3b5e66c461c3a57b21c85763ad2306311630

I remember selling an altcoin(more like a shitcoin) on Tradeogre back in 2018. Everything went smooth.
Non KYC crypto exchange, that was listing lots of shitcoins in the past(at least this is what I remember). Sh*t was about to hit the fan sooner or later. I'm surprised that Tradeogre survived up until this year. There are rumors about the hot wallets still having some crypto left. Maybe this isn't an exit scam, just the crypto exchange owner got arrested or something. The "technical outage" version doesn't hold up, since there's no public announcement coming from the team behind Tradeogre. I know that the people behind such non-KYC exchanges are trying to keep their anonymity on check, but making an announcement while staying anonymous isn't that hard. Keeping the exchange users informed by sending them an email about the problem also isn't difficult at all.

Movement of coins to addresses:

BTC: bc1qzhcrstz2gkk4t7thg4wl3lwed8q0h0w0atfele
ETH: 0xC4bC3B5E66C461C3A57B21C85763Ad2306311630
LTC: ltc1qlsvtqkcq3j2rcpn32mxknr64uvekc3mem90x9z

The LTC address also received a transaction (https://litecoinspace.org/tx/45a8f7ee5abb890af39fe143e9f65081a5a0663cad9174bbd3752fb209908a9b) with a message saying “Assets controlled by the RCMP”, same as the BTC and ETH addresses.

The ETH address has not been blacklisted by USDT and USDC issuers. Whoever controls the address has also not tried to swap these stablecoins. They haven’t tried to disperse the funds or use mixers. If this was a hack, I would expect more urgency, but they are moving slow and not trying to hide.

That only leaves the possibility of the funds being seized by law enforcement or TradeOgre still has control but wants to make it look like they were seized.

Lol at the agent who signed that dust ass address.  Faggot.

Okay Tradeogre was Seized. https://ca.finance.yahoo.com/news/rcmp-56-million-cryptocurrency-seizure-171217479.html (https://ca.finance.yahoo.com/news/rcmp-56-million-cryptocurrency-seizure-171217479.html)

This is nothing less than state theft because the "criminals" are not the ones sticking around to trade; they are in and out as fast as they can. The only people they're stealing from are miners and traders maintaining buy/sell positions.

I expect most of this money will go to the state which it seems is little more mob organisation these days.

RIP Tradeogre.
This was a good little exchange and I am glad it turned out in the end they didn't scam anyone.
Question now is what is government going to do with $56 million worth seized coins, return them to Tradeogre customers or not.

I agree, I'm also glad the people running Tradeogre turned out to be honourable.

As for getting money back I won't hold my breath. TBH I wouldn't be surprised if they didn't try going after the sites users in order to extract even more money.

I would imagine that they marketed specifically to or participated in some dark shit.

If the "majority" of their traffic was criminal, it would almost have to mean they were involved and used their own exchange.

They worked well for me... I honestly can't remember if I had any coins on there or not.  

I'm probably going to chalk that one up as a donation to Canada.  That's the way she goes. (https://youtu.be/Us_ru0-PClo?si=b4xqEo4am_nK43Mr)

Did they get the opp or just the servers?  I didn't see any mentions of arrests. Maybe with $56 million bucks in crypto, they aren't worried about any arrests. :P

Knew from the beginning this wasn't an exit scam. Used this exchange for many years, never had a single incident, and always recommended it to others. A rock-solid reliable exchange. RIP TradeOgre, and best wishes for its owners/operators in their future endeavours -- if they manage to escape prosecution.


The operators' arrest would be a far greater prize for LE than a paltry $56 million. Its absence would indicate they had truly excellent OpSec.

The long delay between the exchange's closure/seizure and the official announcement is also curious. Could it be that the authorities were hoping to apprehend the miscreants and show them being led away in handcuffs but finally had to give up on that idea?

I agree, although I would have replaced escape prosecution with escape persecution, because that seems to be where we're at these days.

Doesn't take much to become a criminal these days. I expect the "recovered" money will go straight into government coffers regardless of whether or not their victims are miners or small traders!

They didn't make any mention of arrests. However, they said their investigation is still ongoing, so there would probably be charges once they are done analysing the transaction data from the exchange.

I cannot say this is comforting news for TradeOgre customers who had funds in the exchange, but at least they now have one less thing to worry about, which was what happened to the exchange. Now we know it was seized and the government would probably 'steal' people's funds that they have confiscated, calling it all criminal proceeds.

According to the Globe and Mail, “TradeOgre was being run by a man in the United States who recently died.”

https://x.com/cryptonator1337/status/1969251097802912024

https://www.theglobeandmail.com/canada/article-rcmp-cryptocurrency-tradeogre-quebec/

I would have wrote something on X, but the dude seems to have me blocked. Oh well.

So what I was trying to say was, why would they be going after Tradeogre only after its owner passed away? Could it be because people with customer support issues reported the website?

And if the man was from the USA, why was Canada involved in this?

I highly doubt it. If this was about "customers" you would think they would announce plans to return user's funds.

I'm actually very surprised, I see a lot of people talking about TradeOgre on X (and how they want to get their money back). Not something you usually see with non-KYC privacy focused exchanges. At least I didn't when eXch was seized.

I don't know which one is true, this one or the seizure.

I think if this man died, some staff should update their Twitter page about him, but there are no updates.

I've been contacting their X account since July, but no response.

After checking the site again, it seems it was seized by federal police.

The exchange could have been a one-man operation. That would explain all activity coming to a halt all at once.

europol gave them a tip man, which probably means someone from Europe snitched in exchange for a plea deal or something so this seems to be an international investigation. so europol will get the data regarding EU citizens my expectation, btw TO owner could be witness protection and this is just the official story which is "he is dead", ye de jure only