Crypto Community Pushback

[madmax]

The seizure of TradeOgre has sparked outrage among crypto advocates.

Taylor Monahan, MetaMask security lead, accused the RCMP of stealing from innocent users:

“Very much looking forward to seeing the evidence, and for you to provide recourse to ALL innocent parties you stole money from.”

Reuben Yap, privacy coin Firo’s co-founder, asked:

“Are you just saying you can forfeit everyone’s balances because we didn’t KYC? That’s theft from many innocent users.”

Supporters argue:

Privacy ≠ crime

Non-KYC exchanges are not illegal in Canada

Blanket seizures punish law-abiding users alongside criminals

Many see this as another reminder of the importance of self-custodying crypto assets.

[Nahid10]

Privacy ≠ crime Blanket seizures punish innocent users as much as bad actors ️

[jacson4]

Taylor Monahan’s point stands Where’s the evidence & recourse for users who did nothing wrong?