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Old 02-23-2022, 10:29 AM   #2118
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Had an idea!
 
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People may find this interesting. I'd imagine Coinbase & Crypto.com are complying, but tough for them to do anything other than freeze those two accounts that moved BTC onto their exchange. Which as you can see, wasn't much to begin with. Maybe $16k in value. Plus, both those companies weren't even cited in the Mareva injunction to begin with.

Quote:
Cryptocurrency tied to the Canadian truckers protesting COVID-19 restrictions has been on the move, in defiance of the authorities’ orders to freeze funds, blockchain analysis shows.

Nearly all of the roughly 20 BTC (about $788,000 U.S. at current exchange rates) sent to the Tallycoin fundraiser is gone from that address, with only 0.11 BTC left, according to Blockchain.com data.

Most of the 30 bitcoin wallets identified by the Royal Canadian Mounted Police (RCMP) as being attached to the fundraising have been largely drained as well, with only 6 BTC combined between them, on-chain data shows.

Whether the recipients will be able to use the funds to buy goods or services remains to be seen, however.

A CoinDesk review of the public ledger shows that four small portions of the roughly 20 bitcoin raised – about 0.14 BTC each – ended up at two centralized exchanges, Coinbase and Crypto.com. It is not clear whether the funds were cashed out for fiat or frozen at those platforms.

The situation highlights the limitations of a government’s ability to thwart transactions through decentralized, censorship-resistant systems – but also the limitations of those systems to circumvent such sanctions.

While the authorities cannot veto transactions on Bitcoin and similar networks, they have leverage over regulated companies that serve as the on- and off-ramps to those networks.
https://www.coindesk.com/layer2/2022...ryptocom/?s=08
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