Canadian Authorities Seized $1 Million in Bitcoin From Trucker Convoy.
Reports reaching Cybertechwiz confirms that Canadian authorities have seized Bitcoin worth $1 million from the Trucker Convoy. These were funds donated to the group by different individuals from various countries.
This is not the first time convoy under scrutiny from the government, as previous reports has it that a Superior Court in Ontario, a popular province in Canada, has reportedly issued a Mareva injunction in connection with millions worth of cryptocurrencies donated to protesting truckers.
Mareva Injunction is a form of injunctive order that prevents international movement and dissipation of assets while legal proceedings are ongoing. It can also be called a freezing order.
Starting February 18, leaders and fundraisers of Canada protest group Freedom Convoy, are restrained from “selling, removing, dissipating, alienating, transferring” any of the assets raised for the protests including cryptocurrencies.
What could Follow The Canadian Authorities?
The move by the said party has resulted in various reactions. Some who opposed the truckers movements are glad the government took this step. One of them is Call To Activism, who seemed quite happy with the seized funds and called on others to show their support.
If you are THRILLED Canadian authorities have just seized the $1 million in bitcoin donations that were made to the trucker convoy, smash the like button and follow
so you don’t miss a chance to stand up to far-right Covid conspiracies.
Call to Activism (CalltoActivism) March 15 2022
Supporters of the Truckers Convoy have condemned the act and called it an infringement on freedom of expression. One such is Twitter user, Tupenin Utsu who alleged that the move by the authorities was illegal and theft.
More on the Truckers Convoy
The group’s goal is to compel all levels of government in Canada to repeal vaccine mandates—including one that applied to truckers as of Jan. 15—and other social restrictions, such as a ban on unvaccinated people from going to restaurants, bars and gyms.
