Canadian Federal Police Ask 'Cryptocurrency' Exchanges to Freeze Donations to Freedom Convoy Truckers

Jack Bingham : Feb 18, 2022
LifeSiteNews.com

"There is not [an] emergency. There is no violence. Most premiers told Trudeau this is ridiculous and unnecessary. Trudeau is using it as a pretext to criminalize conservative crowdfunding." -Rebel News' Ezra Levant.

[LifeSiteNews.com] After Prime Minister Justin Trudeau invoked the never-before enacted Emergencies Act over peaceful protests in Ottawa's downtown core, the Royal Canadian Mounted Police (RCMP) have told cryptocurrency exchanges to cease facilitating transactions related to protesters. (Image: Pixabay)

Multiple crypto exchanges, including Toronto-based CoinSmart, confirmed to the Financial Post today that they have received letters from the RCMP ordering them to freeze any transactions linked to 30 different accounts law enforcement says are connected to the Freedom Convoy movement.

The RCMP's letter instructed the exchanges to report "any information about a transaction or proposed transaction" from the various digital "wallets" they have blacklisted.

"It is unfortunate that the Emergency Economic Measures Order is indiscriminately targeting the whole cryptocurrency ecosystem," CoinSmart said in a statement about the order.

"The addresses associated with this alert have been widely disseminated to the entire crypto community here in Canada and have reportedly been reported to the block-chain monitoring softwares that service the industry worldwide. We will cooperate with the OPP and the RCMP and fulfill our obligations, if any, under the Emergency Economic Measures Order," the company added.

According to Torstein Braaten, the head of regulatory affairs and chief compliance officer at Canadian crypto platform Bitbuy, despite the impression left on the public by Finance Minister Chrystia Freeland, cryptocurrency platforms were already subject to the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)... Subscribe for free to Breaking Christian News here

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