02-19-2022, 04:38 PM
Nunchuk Bitcoin wallet epic response to Canadian government demand to freeze bitcoin
<!-- SC_OFF --><div class="md"><p>Yesterday, the Ontario Superior Court of Justice sent a Mareva Injunction to Nunchuk Bitcoin wallet software provider on behalf of the Canadian government.</p> <p>Nunchuk was ordered to freeze and disclose information about the assets involved in the Freedom Convoy movement. Nunchuk responded by email giving the Ontario Superior Court of Justice and the Canadian government an epic Bitcoin beginners lesson on how self-custodial Bitcoin wallets work.</p> <p><strong><em>"Nunchuk is a self-custodial, collaborative-multisig Bitcoin wallet. We are a software provider. not a custodial financial intermediary.</em></strong></p> <p><strong><em>Our software is free to use. It allows people to eliminate single points of failure and store bitcoin in the safest way possible, while preserving privacy.</em></strong></p> <p><strong><em>We do not hold any keys. Therefore, we cannot freeze our users' assets. We cannot prevent them from being moved. We do not have knowledge of the existence, nature, value and location of our users' assets. This is by design.</em></strong></p> <p><strong><em>Please look up how self-custody and private keys work. When the Canadian dollar becomes worthless, we will be here to serve you too."</em></strong></p> <p><em>Source -</em> <a href="https://twitter.com/nunchuk_io/status/1494885897577271299"><em>https://twitter.com/nunchuk_io/status/1494885897577271299</em></a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/KAX1107"> /u/KAX1107 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sw7bxf/nunchuk_bitcoin_wallet_epic_response_to_canadian/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sw7bxf/nunchuk_bitcoin_wallet_epic_response_to_canadian/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Yesterday, the Ontario Superior Court of Justice sent a Mareva Injunction to Nunchuk Bitcoin wallet software provider on behalf of the Canadian government.</p> <p>Nunchuk was ordered to freeze and disclose information about the assets involved in the Freedom Convoy movement. Nunchuk responded by email giving the Ontario Superior Court of Justice and the Canadian government an epic Bitcoin beginners lesson on how self-custodial Bitcoin wallets work.</p> <p><strong><em>"Nunchuk is a self-custodial, collaborative-multisig Bitcoin wallet. We are a software provider. not a custodial financial intermediary.</em></strong></p> <p><strong><em>Our software is free to use. It allows people to eliminate single points of failure and store bitcoin in the safest way possible, while preserving privacy.</em></strong></p> <p><strong><em>We do not hold any keys. Therefore, we cannot freeze our users' assets. We cannot prevent them from being moved. We do not have knowledge of the existence, nature, value and location of our users' assets. This is by design.</em></strong></p> <p><strong><em>Please look up how self-custody and private keys work. When the Canadian dollar becomes worthless, we will be here to serve you too."</em></strong></p> <p><em>Source -</em> <a href="https://twitter.com/nunchuk_io/status/1494885897577271299"><em>https://twitter.com/nunchuk_io/status/1494885897577271299</em></a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/KAX1107"> /u/KAX1107 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sw7bxf/nunchuk_bitcoin_wallet_epic_response_to_canadian/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sw7bxf/nunchuk_bitcoin_wallet_epic_response_to_canadian/">[comments]</a></span>Kind Regards R