Freeze of Millions Canadian Freedom Convoy Crypto Fundraising says Canadian Court

February 19, 2022

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A private class-action lawsuit against a partaker in Canada’s ‘freedom convoy’ has successfully ensured order freezing funds put forward via crypto subsidies. A Mareva injunction (this is a court order used in the Canada and U.K that freezes a defendant’s possession to stave off them from being expended or rolled before a conclusion is ruled) was endorsed by Ontario Superior Court of Justice Judge Calum MacLead and freezes crypto assets in approximately 120 various addresses related to Bitcoin, ADA, ETH, XMR and LTC.

The lawsuit furthermore organizes numerous monetary institutions, outlets and trades to freeze any transactions related to the addresses’ wallets. The monetary organizations comprise TD Canada Trust and ATB Financial, and the fundraising outlets and websites include GiveSendGo and GoFundMe. Some digital assets outlets and trades were also recorded. The respondents will be given a week to react to the court orders clarifying the details about the assets. Ottawa Police arrested one of the alleged organizers, Pat King which is the 3rd organizer to be booked after the previous arrests of Tamara Lich and Chris Barber.

Henry Assad, the proprietor of Happy Goat Coffee Company, said Canadian media that he had to temporarily shut down 3 sites because of harassment. Ivan Gedz of Union Local 613 announced to the reporters that his enterprise is down 25 to 50% because the protests are keeping clients far away from downtown Ottawa. Geoffrey Devaney, a plaintiff in the suit, has been out of a job since the revolts began. Zexi Li declares she was terrorized by a trucker when she took a picture of his license plate. The news comes after the Canadian Government seized around 34 addresses tied to the trucker protests. Deputy Prime Minister Chrystia Freeland announced to the reporters that the Royal Canadian Mounted Police (RCMP) was also ordering trades to seize specific addresses.

Have a look at this- Canada Sanctions thirty-four Crypto Wallets Chained to Trucker Freedom Convoy

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