When the so-called “freedom convoy” pivoted to Bitcoin and other digital assets as a source of funds when traditional channels were cut off, Canadian authorities ratcheted up attempts to police the cryptocurrency space.
Now, with the convoy’s blockades cleared and some of those financial pressures relaxing, continuing efforts to recoup crypto from organizers are facing technological hurdles.
The fresh attention on crypto regulations began when convoy organizers, cut off from funds raised via GoFundMe and GiveSendGo, turned to Bitcoin (BTC) and other blockchain-based assets to fund their ongoing blockades.
Some organizer estimates pegged the total BTC raised at roughly $1 million in equivalent Canadian dollars.
Anne Gaviola has more.
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