Canada Orders Freeze Of 34 Cryptocurrency Accounts Connected To ‘Freedom Convoy’

Canadian authorities have sanctioned 34 cryptocurrency wallets connected to the “Freedom Convoy” trucker protests in Canada, after Prime Minister Justin Trudeau announced he was taking even more aggressive measures to crack down on the protests.

Cryptocurrency news site Coindesk reported that the Ontario Provincial Police and Royal Canadian Mounted Police ordered all regulated Canadian financial firms to halt transactions from 34 crypto wallets tied to the Freedom Convoy and other truckers’ protests around Canada, in accordance with the public emergency declared by Trudeau on Monday. The Globe and Mail, a Canadian news outlet, confirmed that the police agencies ordered several crypto exchanges and financial institutions to “cease facilitating any transactions” with all of the wallets as part of an investigation “in relation to illegal acts falling under the scope of the Emergency Measures Act.”

“Any information about a transaction or proposed transaction in respect of these address(es), is to be disclosed immediately to the Commissioner of the Royal Canadian Mounted Police,” law enforcement wrote in a letter to the financial institutions, obtained by the Globe and Mail.

The police agencies, in conjunction with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), are investigating cryptocurrency donations made in support of the truckers. – READ MORE