Bitcoin Linked to Truckers Protest Seized by Ottawa Police

Charlie Taylor

One of the leaders of the bitcoin crowdfunding was dragged from his apartment by the police and coerced into handing over his wallet’s private key;The court decided to return the sum of 0.28 BTC linked to the truck drivers’ protest.The Ontario Ministry of Justice seized some of the bitcoins raised in a donation campaign in support of the Ottawa truckers’ protest, but ultimately gave up control of the coins after facing opposition from a fundraiser’s attorney. , the seizure took place on February 28 and was related to an unspecified criminal investigation. The documents and Wednesday’s hearing were part of a separate civil suit that local residents filed against so-called “freedom train” protesters. Nicholas St. Louis, an Ottawa man who previously described himself as the “bitcoin team leader” for the protests, said in court documents that he was about to comply with an order from that civil suit to freeze bitcoin, transferring it to a custodial account ( escrow) before a joint police task force executes a search warrant against him.

“The policemen forcibly removed me from my apartment and took me to an unmarked police vehicle” said St. Louis. “The police wanted the seed phrase [chave privada da carteira] for my cryptocurrencies. Under police compulsion, I provided my seed.

Donations to the “freedom train” totaled over 22 bitcoins, worth over $1.1 million at current prices. Locals outraged by the truckers’ strike ended up suing the protesters in a class action suit, in which they sought a freeze on any cryptocurrency the group had raised.St. Louis said the police took 0.28 BTC (worth about $15,000) from him and that the rest of the funds, held in a variety of digital wallets, were outside his sole control. Spaces, St. Louis had previously said that he had distributed 14.6 bitcoins to truck drivers, before any court order prohibited him from distributing them. As we reported earlier, the Ontario court ruled to return the bitcoins to Louis. The truckers’ protest in Canada began. in late January, with several protesters calling for an end to measures against covid, especially the health passport. Bitcoin entered the scene in February, when a crowdfunding held on GoFundMe to maintain the protests was frozen at the request of the police. In an attempt – partly failed – to utilize censorship- and confiscation-resistant money, the organizers of bitcoin funding chose to prioritize movement transparency over anonymity and security.Understand more:NovaDAX is full of news! One of the largest cryptocurrency exchanges in Brazil has now ZERO withdrawal fees in real! NovaDAX also counts zero fees for Bitcoin transactions and more than 110 listed currencies, with cash withdrawal available and high liquidity. Cryptocurrencies with the best rates on the market! Simply activate the free Novawards program and enjoy reduced rates of up to 75%. Discover the NovaDAX Card and order yours now.

Click to rate this post!
[Total: 0 Average: 0]
Next Post

Dubai adopts its own cryptocurrency regulation and defies the US

On the day that the US issued its executive order on cryptocurrencies, Dubai also took a step by issuing a crypto regulation that encompasses the sector. Dubai Cryptocurrency Regulation The announcement came directly from the ruler, Sheikh Mohammed bin Rashid Al Maktoum via Twitter: Today, we approved the virtual assets […]

Subscribe US Now