Bitcoin wallet rejects Canada’s Court demand to freeze funds citing technically impossible
Finbold: Nunchuk: “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, value, and location’ of our users’ assets. This is by design.”
'In general, the official response from the start-up after being ordered to freeze and disclose information on assets implicated in the protests highlights the problems of censoring and enforcing cryptocurrency bans.
'Anonymity is one of the most compelling arguments in favor of Bitcoin, and the validity of this assertion was put to the test last week when the Royal Canadian Mounted Police (RCMP) Canada’s national police force issued an order requiring all FINTRAC-regulated organizations in Canada to stop interacting with 34 cryptocurrency wallets linked to the Trucker’s Freedom Convoy. '