Canadian police blacklist bitcoin addresses linked to trucker protests

The Ontario Provincial Police and the Royal Canadian Mounted Police (RCMP) have ordered all regulated financial firms to stop any transactions related to 34 crypto wallet addresses linked to funding truck drivers in the country, The Counter Signal reported on February 16. initiated protests.

Earlier, the Canadian government announced that truck drivers passing the Canada-US border must be vaccinated against the new crown and other epidemic prevention measures. Hundreds of local truck drivers and their supporters organized a "freedom convoy" to oppose the move. Canada invoked its emergency bill and protests are now considered illegal. Crowdfunding platforms and crypto payment providers must also register with FINTRAC. Pursuant to Section 19(1) of the Emergency Measures Act, there is a duty under the Emergency Measures Order to cease facilitating any transactions related to the following cryptocurrency addresses.

The blacklisted crypto wallet addresses include 29 Bitcoin addresses, 1 Ethereum address, 1 Cardano address, 1 Ethereum Classic address, 1 Litecoin address and 1 Monero address, according to the report. Donors have sent more than 20 BTC worth more than $870,000 (C$1.1 million) to these addresses. Donors turned to cryptocurrencies after GoFundMe accounts that previously received more than $9 million were suspended.