RCMP asks crypto exchanges to halt trading for wallets connected to truck convoy protests

Share This Post

Police are believed to have sent ultimatums to protestors dwelling in the Ottawa downtown, telling them to “leave now.”

As reported by Canadian news outlet The Globe and Mail, the Royal Canadian Mounted Police (Canada’s federal police force) sent letters to several cryptocurrency exchanges demanding that they “cease facilitating any transactions” with more than 30 specific cryptocurrency wallet addresses linked to the ongoing truck protests in the country. The letter writes:

“Any information about a transaction or proposed transaction in respect of these addresses, is to be disclosed immediately to the Commissioner of the Royal Canadian Mounted Police.”

Just two days prior, Prime Minister Justin Trudeau, representing the ruling Liberal Party of Canada, invoked the Emergencies Act in response to a convoy of truckers occupying the nation’s capital (Ottawa) in protest of COVID-19 health and vaccine restrictions. The protest has been ongoing for 20 days. Under the Act, banks have the discretional power to freeze Freedom Convoy protesters’ bank accounts with no civil liabilities.

Protesters have raised over $19 million in funds through the fundraising platforms GoFundMe and GiveSendGo. However, those funds have been blocked from reaching the convoy. As a result, protestors founded the HonkHonk Hodl group and raised nearly $1 million through the Tallycoin BTC fundraising platform, pending distribution.

This morning, it appears protestors in the Ottawa downtown area were given an ultimatum, via written letters, to “leave now” or face potential fines or jail time. In addition, the Emergencies Act allows for the prohibition of travel to certain areas. “Anyone coming to Ottawa to join the ongoing demonstration is breaking the law,” the notice says.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

South Korea Sees Crypto Boom: 30% of Population Now Owns Digital Assets

South Korea has seen a significant surge in cryptocurrency adoption, with the number of users jumping by 610,000 in November to reach 1559 million Trump Victory Sparks Renewed Interest in Crypto The

Bitcoin Reserve Idea Sparks Cautious Response From Japan PM: Report

According to a recent report by Japanese cryptocurrency publication CoinPost, Japan’s Prime Minister Shigeru Ishiba has taken a cautious stance on the proposal to establish a national Bitcoin (BTC)

BlackRock doubles down on IBIT exposure through its Global Allocation Fund

BlackRock reported holding 430,770 shares of its spot Bitcoin (BTC) exchange-traded fund (ETF) IBIT through its Global Allocation Fund According to a filing with the US Securities and Exchange

Dogecoin Price Repeats Bullish Fractal From 2021, Why January 2025 Is Important

The Dogecoin price is replicating a bullish fractal from 2021, signaling the potential for a price breakout to new highs A crypto analyst has shared a price chart comparing this historically

Defi Doesn’t Sleep—Mystery Whale Dumps 125,000 ETH Into Aave on Christmas Day

The Head of Research at Intotheblockcom revealed that on Christmas Day, someone stashed 125,000 ETH into the decentralized finance (defi) platform Aave The platform has been buzzing with activity

Join HTX’s Festive Season Party: Enjoy Superior Crypto Trading and Open the Door to Wealth

PRESS RELEASE As the year draws to a close, the festive spirit of Christmas and New Year fills the air HTX, a leading global digital assets trading platform, is kicking off its Festive Season Party,