Canada Sanctions thirty-four Crypto Wallets Chained to Trucker Freedom Convoy

February 17, 2022


The Ontario Provincial Police and Royal Canadian Mounted Police sanctioned all legislated financial companies to discontinue promoting any transactions from 34 crypto wallets chained to allowance trucker-led revolts in the nation. The federal police agencies, toiling with the Financial Transactions and Reports Analysis Centre of Canada, FINTRAC, are analyzing virtual currency payments benefiting the long weeks uprising against Canada’s vaccine statute. The uprisings are now considered illicit under the Emergencies Act summoned by Canadian Prime Minister Justin Trudeau for the 1st time since the statute was enacted in 1988.

The truck drivers began their uprising at the end of January against worldwide travel limitations inflicted by the Canadian government, which employs all entrants to the nation to be vaccinated against COVID-19. The truckers obstructed global bridges and border junctions in many Canadian provinces. As per the order, the list comprises of twenty-nine Bitcoin addresses, one Cardano address, one Ethereum address, one Ethereum Classic address, one Litecoin address and one Monero. Contributors have delivered more than 20 Bitcoin to the addresses, price over $870,000 The contributors bent to virtual currencies after the GoFundMe report that had recently obtained more than $9 million was discontinued. The Emergencies Act was aimed at protester finances. Talking alongside Trudeau, Deputy Prime Minister Chrystia Freeland said banks can instantly freeze bank accounts tied to the truckers with no orders from the court and without concern of civil penalty.

Exclusively hand curated news, written precisely in short by our editors for a 60 seconds read! We understand that reading multiple news from various resources could be monotonous, time consuming and less interesting. At Dcryptonews, you will experience a new style of reading news with smart keyword, ease of language that is easy to read for a quick news grasp.