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Fed up Ottawa residents win secret suit to freeze the crypto wallets funding Canada’s ‘Freedom Convoy’ protesters
Fortune ^ | February 18, 2022 | YVONNE LAU

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 ...


TOPICS: Canada
KEYWORDS: assets; canada; convoy; cryptocurrency; fundraising
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To: MinorityRepublican

Zexi Li another Chinese Communist Party Spy


61 posted on 02/20/2022 11:11:34 AM PST by butlerweave
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To: Ajnin
From what I understand the government has no control over the crypto wallets. What they are controlling are the owners, making them swear under oath they are not using or transferring crypto. They can lie and would only be sanctioned if the crypto recipient snitched on them.

My understanding is that they sent freeze orders to the wallet software providers, ordering them to freeze the accounts.

And were told that simply isn't possible.


62 posted on 02/20/2022 11:13:01 AM PST by jdege
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To: Singermom

I said that about a week ago on this site and was almost run out of town. Was not a very welcomed statement at the time.

- - - - - - -

because you posted it on almost all threads and people don’t want to tead the same thing 10 times if they read 10 differents threads.


63 posted on 02/20/2022 11:13:32 AM PST by TTFX
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Comment #64 Removed by Moderator

To: Dutch Boy

I submit “pure fantasy”.


65 posted on 02/20/2022 11:15:54 AM PST by egfowler3 (Still a Deplorable, a Christian 'Infidel', an American patriot & 'a vast right-wing conspirator')
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To: MinorityRepublican

Totalitarian machinations.


66 posted on 02/20/2022 11:16:22 AM PST by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: MinorityRepublican

Ok. Truckers boycott Ottawa, and if any Ottawa citizens have any complaints for say lack of food, heating oil, gasoline and warm clothes, please direct them to Zexi Li, Geoffrey Devaney, and the Happy Goat Coffee!


67 posted on 02/20/2022 11:18:17 AM PST by The MAGA-Deplorian ( 2022 - VOTE THE BUMS OUT —— ALL OF THEM! RE-ELECT NO ONE!!)
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To: MinorityRepublican

I think the Truckers are far from finished with Trudeau


68 posted on 02/20/2022 11:18:44 AM PST by butlerweave
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To: jdege

https://www.youtube.com/watch?v=K71ZQiKZCfY

If you still live in Canada, answer the question below!:

Why would anyone keep their money in a Canadian Bank?

https://pbs.twimg.com/media/FL9xZl3XoAAK2D6?format=jpg&name=large


69 posted on 02/20/2022 11:20:15 AM PST by Grampa Dave (Remember one thing!: Those in power, want to stay in power, and they want more of it.)
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To: Ajnin

Use the cryto and you go to prison so it doesnt really matter about actual control.


70 posted on 02/20/2022 11:21:06 AM PST by BiglyCommentary
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To: butlerweave
Zexi Li another Chinese Communist Party Spy

I can't confirm it, but the folks over at Reddit are claiming the she's a Chinese national. And the author of this story sits in Hong Kong which of course is under the control of the CPP.

71 posted on 02/20/2022 11:21:11 AM PST by FreeReign
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To: dforest

May their chains weigh heavy on them.


To them that is a blessing - they love their chains. The heavier the better - it is no coincidence that places like that are bastions of perversion.


72 posted on 02/20/2022 11:27:53 AM PST by PIF (They came for me and mine ... now its your turn)
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To: MinorityRepublican

If they can prove they suffered damages, lost revenue, etc., it sounds like a legitimate course of action.


73 posted on 02/20/2022 11:36:12 AM PST by Poison Pill
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To: rayincolorado

Canada - Make Fascism Great Again!!


74 posted on 02/20/2022 11:38:00 AM PST by mass55th ("Courage is being scared to death, but saddling up anyway." ~~ John Wayne )
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To: Singermom

I support the truckers but have maintained that their strategy is naive. They are honorable, sincere men who are dealing with evil thugs. I would love to see them all pull back now and let the demons revel in their victory. Then (about three days hence) realize that they have no syrup for their pancakes. After about a week of no deliveries their evil, empty little tummies will start to grumble.

In a month they will be eating each other...


75 posted on 02/20/2022 11:39:50 AM PST by rockrr ( Everything is different now...)
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To: MinorityRepublican

Let’s see the next phase of freedom in Canada...a national strike to SHUT EVERYTHING DOWN !

Keep all Canadians OUT OF THE USA until they stand up to the tyrants taking away their rights.

This article suggests current Trudeau supporters won’t be NEXT into prison.

Communists are always purging those they deem “not quite pure.”


76 posted on 02/20/2022 11:41:08 AM PST by Gnome1949
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To: ought-six

“they froze my assets and now my ass freezing cuz I can’t buy fuel or haul even if i wanted to. take it up with them”

toss that ball right back in their court.


77 posted on 02/20/2022 11:43:19 AM PST by cableguymn
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To: Iowa Slim

you mean all 3 are.

prove we arn’t.


78 posted on 02/20/2022 11:44:17 AM PST by cableguymn
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To: BiglyCommentary

anything you can’t control 100% can be lost..

Cryto with a keystroke. people should have figured that out when that major site shut down and all the coins vanished.

if a hacker can do it, government can too.


79 posted on 02/20/2022 11:46:18 AM PST by cableguymn
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To: jigsaw

do they say anything about paying the bean collectors a “living wage”?


80 posted on 02/20/2022 11:47:16 AM PST by cableguymn
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