It's just a crazy world that we live in... I used TradeOgre in the past (didn't know I'm a criminal either π), to get some privacy coins, and it was a cute small exchange... I have never deposited or withdrawn fiat, and I didn't even know it was possible to do it there... Don't know if owners live in Canada (I suppose yes), but they should have seen that coming... especially after those protests and seizing truckers' money...
On the other hand, speaking about taxes, banning crypto, etc., I recall that around the time of the COVID-19 pandemic, I wanted to buy more BTC after the huge drop, but I wasn't able to deposit fiat on any exchange because my bank didn't allow it. Now, if you put all that in perspective, they limited me from earning more money for future taxes (and keeping me "poor", thereby limiting my possibilities) at the place where I live... Isn't that shooting yourself in the foot?! Utterly stupid, conservative, look at the future...
Rant over... π
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I don't know if fiat was involved on that exchange, but that 56m CAD they seized could be crypto worth, and not fiat. It's more likely to be crypto, rather than fiat, too.
It has happened to me once too, when a SWIFT transfer to a crypto-linked business was denied and I received a phone call from the bank advising me to look for alternatives for doing that, because they don't allow transfers of fiat to crypto businesses. That was back when there was a crackdown on crypto (or maybe even before, I don't remember exactly). Haven't tried that route again, so I have no idea if now they reconsidered.
I think enough governments are still like that when it comes to crypto, or in general, when applying correct economic policies that would allow more people or small businesses to grow rather than hindering their activity.