Canadian Truckers Raise $542K in Bitcoin After GoFundme Shuts Down Campaign
Following GoFundme's decision to shut down the Freedom Convoy's $9 million fundraiser, crypto advocates raise over $542,000 in bitcoin to support the protesting Canadian truckers. Prime Minister Justin Trudeau publicly demands an end to the ten-day demonstration in Ottawa.
Thousands of Canadian truckers continue to occupy the streets of Ottawa to protest vaccine mandates, prompting Prime Minister Justin Trudeau to publicly demand an end to the demonstration. Trudeau addresses parliament after recovering from a Covid-19 infection and insists that the blockade of the economy and citizens' daily lives has to stop. The Freedom Convoy 2022 marks its tenth straight day of protests surrounding the parliament buildings in downtown Ontario.
The protest faces a major financial hurdle after the crowdfunding platform GoFundme shuts down the truckers' fundraiser, which previously raises $9 million. GoFundme announces plans to return the donations to contributors, a move that sparks significant public backlash. In response, Florida Governor Ron DeSantis promises to investigate the platform for deceptive practices alongside the state's attorney general.
In the wake of GoFundme's cancellation, cryptocurrency advocates step in to provide censorship-resistant financial support for the protesters. These crypto supporters successfully raise 12.41 bitcoin, which equals approximately $542,000, to help the truckers sustain their demonstration. Additional crypto-infused fundraising campaigns, including a Bitcoin Cash Flipstarter, also emerge to keep the movement funded.