Bitcoin Unsurprising Method for Convoy Organizers: Expert

OTTAWA – An anti-money-laundering expert says trying to stem funds from going to protesters blockading Parliament Hill and several border crossings is like playing a game of fishing.

Matthew McGuire said the order recently approved by an Ontario court to freeze millions raised through GiveSendGo will have at least temporary effect in preventing those funds from flowing into the hands of organizers.

However, he said there was nothing that could prevent another campaign from popping up, which would pose a similar challenge to governments and police.

To date, approximately $8.8 million has been raised through a campaign page on GiveSendGo, a Christian fundraising platform, and more than $700,000 has been routed through another page on the site.

The campaigns were quickly put together last week after GoFundMe canceled an earlier fundraiser that had raised more than $10 million, after the website identified the Ottawa protest as becoming a “” occupation”.

McGuire says it’s not uncommon for convoy organizers to be turning to cryptocurrencies like Bitcoin to generate money because it’s decentralized.

Prime Minister Justin Trudeau said he spoke with US President Joe Biden this morning about the influence of foreign money in funding this “illegal activity”.

This Canadian Press report was first published on February 11, 2022.

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