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The Ontario Superior Court of Justice asked self-custody wallet provider @nunchuk_io to disclose user information and freeze user’s bitcoin.
Numchuk Bitcoin Wallet Team via Twitter ^ | February 19, 2022 | The NumChuk Team

Posted on 02/20/2022 4:33:13 PM PST by Texas Fossil

This was the team’s response.

----

Me at 10:40AM

to Monique

Dear the Ontario Superior Court of Justice, Numchuk is a self-custodial collaborative-multisig Bitcoin wallet. We are a software provider, not a custodial financial intermediary.

Our software is free to use, It allows people to use single points of failures and store bitcoin in the safest way possible, while preserving privacy.

We do not collect any user identification information beyond email addresses. We also do not hold any keys. Therefore:

* We cannot "freeze" our users' assets. * We cannot "prevent" them from being moved. * We do not have knowledge of "the existence, nature, or value and location" of our user's assets. This is by design.

Please look up how self custody and private keys work. When the Canadian Dollar becomes worthless, we will be here to serve you, too.

Sincerely.

the Numchuk team.

***


TOPICS: Business/Economy; Canada; Front Page News; Government; Politics/Elections
KEYWORDS: bidenvoters; bitcoin; biteme; canada; convoy; cryptocurrency; disclose; freedomconvoy; fundraising; lol; numchuk; ontario; protest; superiorcourt; thanksntario; toughluck; truckers
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To: Texas Fossil

Think of their software wallet as a traditional leather wallet.

They sell those.

The government asks them to freeze the funds in the leather wallets they sold.

The leather wallet company scratches their heads and then tells the government that’s not possible.


41 posted on 02/20/2022 5:27:26 PM PST by Vermont Lt
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To: sloanrb

Well, the CIA or FBI would both do just that.


42 posted on 02/20/2022 5:28:19 PM PST by Texas Fossil ((Texas is not where you were born, but a Free State of Heart, Mind & Attitude!))
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To: Texas Fossil

bttt


43 posted on 02/20/2022 5:28:41 PM PST by Pajamajan ( PRAY FOR OUR NATION. Never be a peaceful slave in a new socialist America.)
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To: Texas Fossil
 
 
Yessir.
 
 

44 posted on 02/20/2022 5:28:45 PM PST by lapsus calami (What's that stink? Code Pink ! ! And their buddy Murtha, too!)
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To: Vermont Lt

Good example. I understood that.

But I still do not really understand how crpto currency is handled.

Did not say I was incapable of understanding it, but never spent the time to read about it. Did not see the reason to do it. May be, now I might.


45 posted on 02/20/2022 5:30:27 PM PST by Texas Fossil ((Texas is not where you were born, but a Free State of Heart, Mind & Attitude!))
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To: Texas Fossil

Yes, this is true. This was their official response.

Because of that ... I’m now a user.


46 posted on 02/20/2022 5:38:08 PM PST by sten (fighting tyranny never goes out of style )
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To: Texas Fossil

I lost all my bitcoin keys in the same tragic boating accident where I lost all my guns. Thank God no one was injured.


47 posted on 02/20/2022 5:39:42 PM PST by Jim Robinson (Resistance to tyranny is obedience to God.)
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To: Texas Fossil

People should stop donating to the Nazi Liberals/NDP


48 posted on 02/20/2022 5:44:52 PM PST by butlerweave
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To: butlerweave

Yep, and more.


49 posted on 02/20/2022 5:45:48 PM PST by Texas Fossil ((Texas is not where you were born, but a Free State of Heart, Mind & Attitude!))
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To: Jim Robinson

smile. Thank you.


50 posted on 02/20/2022 5:46:24 PM PST by Texas Fossil ((Texas is not where you were born, but a Free State of Heart, Mind & Attitude!))
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To: sten

Bump!

I might consider it now. hee hee


51 posted on 02/20/2022 5:47:32 PM PST by Texas Fossil ((Texas is not where you were born, but a Free State of Heart, Mind & Attitude!))
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To: Vermont Lt

Could the recipients of bitcoin in Canada use it to buy food, gas, pay the mortgage etc with a frozen bank account?


52 posted on 02/20/2022 5:50:23 PM PST by Ken H (Trump won.)
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To: Texas Fossil

LOL

Sure hope it’s true. :)


53 posted on 02/20/2022 5:50:51 PM PST by TigersEye (Ashli Babbitt was murdered)
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To: Ken H

It’s not cash. Turning into cash in CA is how the frozen bank accounts impact it.


54 posted on 02/20/2022 5:52:36 PM PST by Vermont Lt
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To: Texas Fossil

The rebel spirit lives.

I am glad that some organizations refuse to kneel before the goose-stepping jack-booted thugs of Pharma Fascism.


55 posted on 02/20/2022 5:57:28 PM PST by Arcadian Empire (The Baric-Daszak-Fauci spike protein, by itself, is deadly.)
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To: Ken H

Yes. If you have Bitcoin you can trade it peer to peer for fiat.


56 posted on 02/20/2022 6:02:11 PM PST by Rural_Michigan
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To: Texas Fossil

What a relief for me. Not for any funds I have that may have been jeopardized but I was seriously worried that I misunderstood how blockchain works. Apparently not. What they demanded is impossible.


57 posted on 02/20/2022 6:02:33 PM PST by Billthedrill
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To: Texas Fossil

I am surprised that there hasn’t been a run on the banks yet!!!


58 posted on 02/20/2022 6:03:55 PM PST by tallyhoe
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To: Texas Fossil

If we had a real president, he should freeze all US bank accounts of Liberal and NDP Members of Parliament, confiscate their property in the US, and expel their diplomats. If they have any children in US Universities revoke their student visas. After all they have unacceptable views.


59 posted on 02/20/2022 6:10:36 PM PST by wrcase
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To: conservatism_IS_compassion

The most important thing is to keep the balance of your BTC off the online exchanges and in an offline hard wallet.


60 posted on 02/20/2022 6:16:23 PM PST by ponygirl (An Appeal to Heaven )
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