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.
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With real encryption, there are no backdoor means to access the account, short of a brute force hacking, and good luck with guessing the password if the owner chose a non-trivial or randomly generated password.
From the videos I’ve seen in the last couple of days, the Canuck coppers would use torture to gain access to the encryption keys.
I don’t know anything about BitCoin.