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RCMP Requests Exchanges to Stop Trading with 34 Crypto Wallets, amid the Freedom Convoy Protest

The Royal Canadian Mounted Police has requested a number of Canadian cryptocurrency exchanges to block transactions on 34 crypto wallets associated to the truckers’ “Freedom Fleet” protest, in accordance to the Financial Post report.

Truckers started protesting on January 22 in opposition to obligatory vaccinations imposed by the Canadian authorities’s worldwide journey restrictions. The restrictions require individuals who enter the nation to be vaccinated in opposition to COVID-19, leading to protests in opposition to Canadian Prime Minister Justin Trudeau’s authorities’s obligatory vaccinations, triggered by truck drivers from the United States.

The parade unfold throughout a number of Canadian cities, together with (*34*) capital and the largest metropolis Toronto.

These wallets concerned numerous cryptocurrencies, together with Bitcoin, Ethereum, Litecoin, Monero, and Cardano addresses.

The protesters had beforehand raised greater than $19 million via fundraising platforms GoFundMe and GiveSendGo, which turned to cryptocurrency after being blocked.

An announcement from Toronto-based cryptocurrency alternate CoinSmart reads:

“It is unfortunate that the Emergency Economic Measures Order is indiscriminately targeting the whole cryptocurrency ecosystem,”

“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 blockchain monitoring software that serves the industry worldwide. We will cooperate with the OPP and the RCMP and fulfil our obligations, if any, under the Emergency Economic Measures Order.”

Donors are reported to have despatched greater than 20 BTC value over $870,000 ($1.1 million CAD) to these addresses

In a letter disclosed and issued by the Royal Canadian Mounted Police reads:

“Any information about a transaction or proposed transaction in respect of these addresses is to be immediately disclosed to the Commissioner of the Royal Canadian Mounted Police.”

Earlier this week, Prime Minister Justin Trudeau’s administration invoked the Emergencies Act, focusing on crypto transactions amid the anti-vaccination protests.

Image supply: Shutterstock

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