Canada Has Frozen And Seized Bitcoin Donations To “Freedom Convoy”
Last month, the world had shifted its focus towards Canada as the Truckers’ protests raged on. In a bid to stop the protests dead in its tracks, the Canadian government had chosen to remove the financial support for these protesters by blocking their accounts. Supporters and donors had then responded to this by turning towards […]
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The second attempt to block funds from reaching the truckers through a traditional fundraising platform has resulted in more donations being made in Bitcoin. The Ontario Provincial government in Canada has been granted an order from the Superior Court of Justice to freeze millions of dollars in donations on the GiveSendGo platform from reaching the Freedom Convoy protesters.This is the second time the truckers have been denied access to funds since GoFundMe froze $10 million in donations last week and later refunded donors following a backlash.The latest attempt to defund the protest....
Kraken’s CEO admitted that the firm could be forced to freeze some wallets by the police, advising to move crypto out of exchanges. Global cryptocurrency enthusiasts have expressed concerns over Canadian authorities freezing bank accounts and crypto wallets involved in funding local COVID-19 protests.On Thursday, Ontario Superior Court Justice Calum MacLeod issued an order freezing all the digital assets and bank accounts associated with “Freedom Convoy,” a series of ongoing protests against COVID-19 vaccine mandates and restrictions.According to a report by the Toronto Star, the amount of....
Canada is not known for being hostile towards bitcoin but many didn’t expect recent authoritarian moves from their libertarian government. Canada’s Prime Minister’s recent moves point to a violation of civil rights and they are gazing at crypto in fear of seizable resistance tools (bitcoin). Previously The Canadian ‘Freedom Convoy’, a movement of protestors against […]
GoFundMe axed the “Freedom Convoy Campaign” after some protesters became violent, so organizers turned to the Bitcoin fundraising platform Tallycoin instead. Truckers protesting the COVID-19 vaccine mandate in Canada have turned to Bitcoin-based crowdfunding platform Tallycoin, following a barrage of mounting political pressure from all sides that culminated in GoFundMe axing their “Freedom Convoy Campaign.”GoFundMe pulled the campaign and $9 million in donations with it on Feb. 4 in response to reports of violence, which it claimed broke its terms of service. Initially, donors needed to....
With Canada's "Freedom Convoy" of truckers successfully blocking commerce, officials are taking stronger measures to censor bitcoin donations.