Justin Trudeau, the Prime Minister of Canada, pulls the plug on the Emergencies Act, ensuring that the truck protestors will retrieve access to their bank accounts.
The Freedom Convoy has been one of the loudest protests heard all over the world, and it’s not because of the honking. The protestors were on the streets for weeks and reached global media coverage due to their activity on social media and fundraising campaigns.
Earlier fundraisers on the GoFundMe and GiveSendGo platforms reached about $20M which were later frozen by the authorities.
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While a large portion of Freedom Convoy’s fundraisers were unsuccessful due to the intervention of the government, the protestors chose a less centralized path of raising funds on Tallycoin.
By raising just shy of $1M in cryptocurrencies, protestors saw it as the perfect solution for any further instances of the government interfering with their fundraising initiatives.
However, after the success of crypto fundraisers, the government went after exchanges like Kraken to restrict any assets going to the protestors. This enraged the community, and even the CEO of Kraken Jesse Powell, who posted a sarcastic tweet, mocking the government of Canada:
"Due process is for plebs. Might makes right in Canada. If someone dissents, you just confiscate their wealth, revoke their licenses, exclude them from the financial system and kill their pets. No need to debate the law, policy or even rights when you have a monopoly on violence."
Likewise, Brian Armstrong, who is the CEO of Coinbase, chimed in with his own insight, stating that it’s worrying how "such an economically free place like Canada" has the right to freeze bank accounts without a court order.
In light of recent events, Canada's Prime Minister Justin Trudeau announced that there is no need to enforce the Emergencies Act anymore, and the government will be unfreezing bank accounts related to the Freedom Convoy, stating that "existing laws and local law enforcement authorities can keep people safe."
