The Canadian government has warned that more financial accounts and cryptocurrency wallets will be frozen as law enforcement attempts to end the Freedom Convoy trucker protest. However, truckers are standing their ground even after the police arrested two protest organizers. Prime Minister Justin Trudeau says, "It's high time that these illegal and dangerous activities stop."

More Accounts Will Be Frozen as Trudeau Vows to Stop Freedom Convoy Trucker Protest

The Canadian government has confirmed that a number of financial accounts and cryptocurrency wallets have been frozen under the Emergencies Act invoked by Prime Minister Justin Trudeau. The confirmation came after several banks and crypto exchanges said they received a letter from the Royal Canadian Mounted Police (RCMP).

Canadian Deputy Prime Minister and Finance Minister Chrystia Freeland said Thursday:

"The names of both individuals and entities as well as crypto wallets have been shared by the RCMP with financial institutions, and accounts have been frozen and more accounts will be frozen."

"Crowdfunding platforms and payment service providers have started their registration process with FINTRAC," she added. The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) is Canada's financial intelligence unit.