Ottawa Court Freezes $20M in Cash, Bitcoin Donated to Truckers
The order seeks to redistribute as much as $20 million donated to the Freedom Convoy to the citizens of Ottawa.Residents of Ottawa, Canada have filed a lawsuit against the Freedom Convoy 2022 protesters seeking up to $20 million out of the total amount of money raised in donations worldwide to be redistributed to citizens of the city, The Globe and Mail first reported.An Ontario Superior Court judge in Ottawa then ordered the freezing of the protesters’ funds, both fiat and cryptocurrency, by mentioning regulated financial institutions and persons allegedly in charge of bitcoin custody for....
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As Canada starts to clamp down on the crypto supply flowing into the Freedom Convoy’s coffers, protest leaders and truckers now face a harsh reality on the ground. Faced with the turmoil caused by massive protests, roadblocks, and other acts of resistance in Canada’s capital city, an outraged group of Ottawa locals has filed a […]
Bitcoiners raised almost $1 million for the Canadian freedom truckers and now organizers strategize on how to distribute the funds.
The truckers Freedom Convoy in Canada continues even after Canadian Prime Minister Justin Trudeau has warned the truckers the government is ready to “respond with whatever it takes.” Furthermore, an Ontario judge on Friday ordered protestors to end the blockade at Ambassador Bridge, and TD Bank gave around a million dollars donated to the Freedom Convoy to the Canadian court. Meanwhile, two cryptocurrency fundraisers have successfully completed and Canadian officials are aware of these efforts. Trudeau Warns Freedom Convoy Participants Could Face ‘Real....
If Bitcoin is used for fundraising, is it inevitably tarred by the cause to which it’s been linked, like anti-vax truckers? Protesting anti-vax truckers blockading downtown Ottawa, Canada had their fund-raising platform shut down because their host fears the “promotion of violence.” The protesters move to a Bitcoin crowdsourcing funding service. It quickly raised $900,000.Russian troops gather on Ukraine’s borders. Ukrainian NGOs and volunteer groups embrace cryptocurrencies to help defend their country in the event of a coming war, according to a Feb. 8 investigation by Elliptic, a....
The first permanent installation of a bitcoin ATM in Ottawa is slated to be unveiled Thursday in the Byward Market area. Manufactured by a start-up company called BitAccess, the bitcoin ATM will find itself at the Clocktower Brew Pub on Clarence Avenue in the country's capital city. As one one come to expect, the ATM will allow customers to buy bitcoin (up to $10,000 daily), and sell that bitcoin for cash. Ottawa isn't the last stop, however. BitAccess - which has come together with the help of Bit-Capital - is planning to launch yet another bitcoin ATM in Toronto. The company says they've....