Canadian Officials Struggle to Seize Crypto Donations from Freedom Convoy

The Canadian authorities have started seizing donations given to Freedom Convoy protesters. However, they are addressing a problem in a particular form: cryptocurrency.

A month ago, the right-wing Freedom Convoy protests against COVID mandates and other issues were dropped. The Canadian government assembled a task force to find the crypto donations. It was composed of agents from the Ottawa Police Service, Ontario Provincial Police and Royal Canadian Mounted Police. According to Crypto Slate, up until now, the duty force has only been able to seize 30 percent of the bitcoin donations.

As of Tuesday morning, 20.7 bitcoins were donated for the protests. This is just shy of $885,000. According to CBC Information and the duty authority, only 5.96405398 Bitcoins had been seized from the protest organizers as of March 18. This is just under $255,000 U.S.

In February, the Canadian judge ordered the digital wallets that held the crypto donations for the convoy to be frozen. Nunchuk was one of the pockets suppliers that refused to act, citing software’s inability to handle such a procedure and cryptocurrency’s decentralized nature.

The company tweeted “We don’t keep any keys” on February 19. Due to this, we cannot freeze the belongings of our customers. We cannot stop them being moved. We shouldn’t know the location, value, or nature of our customer’s belongings. “That is by design.”

Monique Jilesen is an attorney who has been working on a class action lawsuit against the Freedom Convoy. She told CBC that unseized cryptocurrency was moved around multiple wallets, and then cut up and distributed into many different digital wallets. It’s not known who owns the wallets or what they are being used for.

Jilesen stated, “I suppose, but I don’t know, that it was done in part to distribute wallets.” They’ve moved one big wallet into many smaller wallets and then handed the passwords from those smaller pockets to the final recipient.

The RCMP, while refusing to acknowledge the duty powers to the CBC in a formal way, did issue a press statement stating that the duty powers have the authority to seize digital forex.

The statement stated that “as part of its abilities and plans to solve crypto-crime and track crime-related transactions,” the RCMP uses a variety of police procedures in addition to collaborating alongside relevant law enforcement partners.

Newsweek contacted the Ontario Provincial Police to get a comment.