Victims of Vanished Crypto Exchange Trade Ogre Establish Litigation Trust
September 1, 2025
(For Immediate Release)
The Trade Ogre crypto currency exchange vanished without a trace on July 30, 2025. While the exact amounts of cryptocurrency on deposit there was unknown, the exchange established in 2018, had volume estimated to have been $1 billion annually. Trade Ogre was not a licensed exchange yet freely operated in the United States and European Union without regulatory intervention.
Trade Ogre focused on privacy coins such as Monero, Beam, and Epic Cash and lesser known tokens with over 150 different coins tradeable at times. Trading in the privacy token Monero averaged a brisk $2 million per day or over $500 million annually. With an emphasis on privacy, Trade Ogre was known for not requiring positive identification to establish accounts yet it did collect cell phone, email, crypto wallet and IP data from its users.
Dr. Jonathan Levy, the London based lawyer specializing in cryptocurrency representing the claimants indicates that upwards of $100 million in cryptocurrency may have vanished. Account holders have assigned their claims to a litigation trust to preserve their privacy. The suspicious circumstances around Trade Ogre’s unrestricted operation for so many years have led many to suspect the exchange was a front for cartel money laundering or a financial intelligence collection operation. Account holders are urged to exercise caution as it is noted that several false Trade Ogre platforms have emerged which are harvesting user data for an unknown purpose.
Dr. Levy stated: “Trade Ogre may have disappeared but we know who its partners are. An exchange cannot operate in a vacuum, there are domain registrars, internet service providers, privacy providers, cybersecurity and network operators who had a hand in Trade Ogre’s operation. They hold the keys to identifying the unknown persons behind the exchange and they have liability for knowingly abetting and enabling an unlicensed exchange to operate for so many years.”
According to Dr. Levy, large claims have already been assigned to the trust including one for over $300,000 in Bitcoin. The litigation trust will be contacting third parties seeking information and settlements in addition to privacy and consumer claims that will be brought against those responsible for Trade Ogre’s operations. The Trust lawyer will also engage with law enforcement if evidence of criminal activity is evident. Anyone who had a Trade Ogre account and whose cryptocurrency and/or data was compromised may join the litigation trust.
For more information:
Dr. Jonathan Levy
Attorney & Solicitor
info@jlevy.coTel +1 707-298-2132