Canadian police are freezing crypto wallets tied to FreedomConvoy as they vow to take back Ottawa. cryptocurrency bitcoin CanadaTruckers
At least one wallet containing over $1 million in bitcoin was part of the Honkhonkhodl campaign to support truckers, the publication conveyed, adding that each wallet has transacted cryptocurrencies worth between $0 and $1.1 million.
The RCMP added that “Any information about a transaction or proposed transaction in respect of these address, is to be disclosed immediately to the Commissioner of the Royal Canadian Mounted Police.”Traditional financial institutions, including banks, reportedly received a different type of letter from the RCMP.
The letters include pictures and summaries with details about the people, some of whom were allegedly the main organizers of the protests. The Canadian Bankers Association confirmed banks have received letters about “designated persons” from the RCMP. Financial institutions must now disclose these customers’ banking details and transaction records to the RCMP or the Canadian Security Intelligence Service. However, they can decide themselves whether to freeze accounts or cut off services.Canadian Prime Minister Justin Trudeau invoked theMonday to deal with the Freedom Convoy protests in Ottawa.
Bell explained that police officers will enforce a plan to remove anyone who refuses to leave, stating, “You will be hearing and seeing these actions in the coming days.”
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