The crypto industry was outspoken about non-interference when the Canadian government froze assets of protesting truckers. Now platforms are telling people what they can do with their coins.
Earlier this year, the crypto community went into an uproar over news that Canadian banks had frozen financial accounts tied to protesting truck drivers who had been blockading a key boarder crossing. The truckers were angry about vaccine mandates and other Covid-19 measures, but as the narrative went, you didn’t have to agree with them to recognize that Prime Minister Justin Trudeau had used the financial system to punish political adversaries, an episode that reinforced the need for cryptocurrencies that were fully resistant to any interference.
That was all well and good, until it wasn’t.
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Just months later, the interference-resistant, permissionless money industry is itself getting into the business of locking up people’s...
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