(BTC) Bitcoin News TodayCryptocurrencyCryptocurrency FundNews

Canadian Truckers Embrace BTC Donations As GoFundMe Ends Its Fundraising Campaign

Freedom Convoy, a group of the Canada-based truckers, protesting for the denouement of the country’s COVID-related mandates and the re-establishment of the Canadian Charter of Rights and Freedom, had been provided with the donations of up to C$10M (nearly $7.8M) until GoFundMe (the venue responsible for conveying the respective funding) froze those donations citing the infringement of the terms of service thereof. In the statement, GoFundMe noted that the platform supports peaceful protests, and they hope so to be the intention of the Freedom Convoy 2022 fundraiser on its creation.

It further mentioned that the venue has clear evidence provided by the law enforcement agencies that the previously peaceful protest had transformed into unlawful and violent activity. It added that the respective fundraiser had violated their terms of service as the 8th term prohibits the advocacy of harassment and violence. Thus, it asserted, it would be eliminated out of the venue.

While moving on, it was additionally affirmed by GoFundMe that the donors willing to withdraw their funds required a request to be submitted until the 19th of February; otherwise, the respective funds would be provided to the rest of the established and credible charities.

📰 Also read:  Howard Lutnick Backs Trump's Economic Policies as Boost for US Prosperity

Following an enormous criticism, nevertheless, an updated declaration was issued on behalf of the venue stating that the donors would automatically be refunded their donations. Notwithstanding that it was a positive transformation for the people expecting an abrupt removal of their funds by GoFundMe, the majority of the donors were anticipating that venue would have had done this without the requirement of an update like this. The modifications that GoFundMe introduced show that the conventional payments rails are permitted to be publicized or else halted as per the wish.

A similar sequence of incidents occurred in Nigeria during 2020 when a Nigeria-based advocacy group called the Feminist Coalition was formed while keeping their attention focused on protecting and advancing the rights of women across the country. The group witnessed that the donations specified for the assistance of the #EndSARS movement of the country were blocked on behalf of the centralized fundraising venues.

Without a source of funding, it was determined that the respective movement would come to an end. Nonetheless, the Nigerian group was able to have an opportunity in BTC (Bitcoin) just like the Canadian truckers. Currently, more than 8.80 BTC has been raised by the Freedom Convoy via the page thereof for BTC donations.

📰 Also read:  Polymarket User Boosts Kamala Harris' Winning Odds After Placing $2M Bet

Tokenhell produces content exposure for over 5,000 crypto companies and you can be one of them too! Contact at info@tokenhell.com if you have any questions. Cryptocurrencies are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by Tokenhell authors (namely Crypto Cable , Sponsored Articles and Press Release content) and the views expressed in these types of posts do not reflect the views of this website. Tokenhell is not responsible for the content, accuracy, quality, advertising, products or any other content or banners (ad space) posted on the site. Read full terms and conditions / disclaimer.

📰 Also read:  Trump Appoints Dogecoin Fan Elon Musk to Lead the D.O.G.E Agency

Mubashar Nawaz (United Arab Emirates)

Mubashar Nawaz is an experienced crypto writer working for Tokenhell. Having passion for writing, he covers news articles from blockchain to cryptocurrency.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close
Skip to content