Crypto Freedom in Canada At-Risk After Freezing of 120 Wallets

• Canadians are withdrawing all their money from their bank accounts in response to the government’s Emergency Act.
• The act places crowdfunding platforms and cryptocurrencies to be regulated under the Terrorist Financing Act, to the ire of politicians and personalities.
• The Freedom Convoy Protests finally ended after 24 days resulting in 191 arrests and 57 towed vehicles.

As a result of the Canadian government threats to freeze funds of all kinds including cryptocurrencies and the emergency powers of freezing 120 crypto addresses without a court order through a special injunction, Canadian people withdrew their funds to avoid the government’s actions.

The bank withdrawals were noticed by James Melville, an economic journalist from the UK.

What the hell is happening to Canada’s banks right now? pic.twitter.com/NRjPWlG0GE

— James Melville (@JamesMelville)