Posted on 02/20/2022 10:22:37 AM PST by MinorityRepublican
Yesterday, a group of Ottawa residents won a private class action lawsuit to freeze at least 146 cryptocurrency wallets and bank assets tied to the main organizers of Canada’s “Freedom Convoy” in a bid to stanch funding for the ongoing demonstrations.
Known as a Mareva injunction, the lawsuit was filed by Ottawa residents Zexi Li, Geoffrey Devaney, and the Happy Goat Coffee business against key convoy organizers including Chris Barber, Benjamin Dichter, Tamara Lich, and Nicholas St. Louis. The hearing was held in private without public notice or access, lawyer Paul Champ who represents the residents bringing the suit, told The Star, a Toronto-headquartered Canadian newspaper. Li earlier this month won an injunction which barred protesters from honking their horns in downtown Ottawa.
The suit is unprecedented for the country, as it’s the “first time in Canada that a Mareva injunction [has] ever been used to freeze cryptocurrency,” says Matthew Burgoyne, a crypto- and blockchain-focused partner at Calgary-based McLeod Law. He added that the injunction was a powerful legal “remedy which can have significant consequences for a defendant.” The defendants weren’t given advance notice of the suit, says Champ.
Champ, who hired a private investigator and cryptocurrency expert, found that the organizers’ crypto movements outpaced the government’s attempts to track them.
Under the injunction, the named defendants, and those affiliated with them, are restricted from moving fiat and cryptocurrency assets in the bank accounts and cryptocurrency wallets specifically named in the suit. The respondents must now respond to the court and “submit to an examination under oath” regarding their assets and what the assets have been used for. The Mareva injunction is only used when there’s a “high risk” that the defendant will “dispose, encumber or…remove its assets from the jurisdiction during the course of litigation,” says Burgoyne.
(Excerpt) Read more at fortune.com ...
Canada ... “Abandon hope, all ye who enter here ...” Society led by tyrants
There’s a group of citizens that are surely headed to very warm climates when they depart this earth.
It seems that crypto isn’t as safe from the government as the people I work with claim. I don’t know enough about crypto to know if their claims were overstated, accurate or pure fantasy.
The truckers should just go on strike.
WOW. At least the plaintiffs are public. And what will these people have to do to get their property back? Will they get it back? This will be great for the Canadian banking system. I hope it collapses and their economy is starved of all foreign investments. “Sorry, your CEO posted an unacceptable belief on Facebook and you company assets are frozen.”
If it meant losing everything to these people or going to jail, I would transfer any cryptocurrency I had to my own individual wallet and out of the exchange, assuming this is possible and never turn over the keys to anyone.
They can’t get all the injunctions they want, it won’t matter if I’m the only one who can access them.
They can take their vaccine and shove it up their....
I got COVID. It was AWFUL.
BRUTAL for 4 weeks.
And then I got better.
That’s how being sick works most of the time.
After finally getting it, and missing Christmas (we just exchanged gifts yesterday :) ) I do believe that safety in nursing homes and around older folks is quite important.
Still don’t believe in lockdowns or forced vaccines.
Being a fat #### is what likely made it so much worse for me.
Little bugger virus hides safely in the fat and causes issues.
But like I said, I got better and life went on.
Should change it to "Happy Sheep Company".
Great. Now we have borders with two basket case banana republics.
You can bet they were put up to it to help justify what the government is doing.
Ottawa is now a smileless empty dead city. No personality with fences. A graveyard with buildings as tombs on a dirty frozen slab of land monitored by black clad tyrants.
It’s what happens when you wipe out happiness and life.
May their chains weigh heavy on them.
WOW. At least the plaintiffs are public.
===================.
I doubt that.
Canada has been pregnant with socialism for a long time. This is the beginning of birth pangs. They will remember this day when little Fidelito assumes communist powers…
“The truckers should just go on strike.”
Truckers should just stop all deliveries to Ottawa.
Did Happy Goat Coffee invest in unbreakable windows?
/s
Praise the Lord for your healing! Welcome back, DP0622!
In 2018, the nursing home my mother was in had over 30 die from the flu. They shut it down and it finally subsided.
There is no reason to stop life and force shots into everyone for this reason.
People get really sick at times and that is a fact of life.
Glad you’re back dp. There have been a number of people wondering where you went and worried about you. Your absence has been noted on several threads.
Correct! And the Police that Free Republic is Dogmatic that are and will be on our side starts standing Canadians before a wall and shooting them full of holes. That always a Communists take over. It is like love and marriage or a horse and carriage. His alleged daddy did it so well in Cuber.
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