Canada Sanctions 34 Crypto Wallets Tied to Trucker 'Freedom Convoy'

The Ontario Provincial Police and Royal Canadian Mounted Police ordered all regulated financial firms to cease facilitating any transactions from 34 crypto wallets tied to funding trucker-led protests in the country.

The federal police agencies, working with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), are investigating cryptocurrency donations supporting the weeks-long protest against Canada’s vaccine mandate. The protests are now deemed illegal under the Emergencies Act invoked by Canadian Prime Minister Justin Trudeau for the first time since the law was passed in 1988.

The truck drivers began their protest near the end of January against international travel restrictions imposed by the Canadian government, which requires all entrants to the country to be vaccinated against COVID-19. The truckers blocked international bridges and border crossings in several Canadian provinces.