Lawyers representing Ottawa residents in the proposed lawsuit against the convoy successfully defended Mareva’s ban on Feb. 17, a court ruling aimed at restricting convoy leaders from “selling, removing, dispersing, dispersing, dispersing,” assets of up to $ 20 million were raised worldwide. On Monday, Ontario Supreme Court Justice Calum MacLeod said the order would be overturned. MacLeod held a bail order that ensures a third-party agent could continue to hold more than $ 5.7 million raised from escort protests until lawyers decide what to do with the money. Paul Champ, one of the attorneys involved in the proposed class action lawsuit, initially said a broad fundraising network had been set up by Freedom Convoy. “We have gotten most of the funds we were trying to freeze now,” he said. Attorney Paul Champ hopes downtown Ottawa residents and businesses will receive compensation for escort protests through the proposed group action. (CBC)
More money was pledged last month
As of March 30, nearly $ 2 million in assets had been held by the third party, according to the bailiff’s latest official report. On Monday, the court ordered the transfer of about $ 3.8 million in Cdn bail to the US-based crowdfunding site GiveSendGo. The site had transferred the money to a Canadian bank account owned by the nonprofit created by the organizers. Instead, the money was withheld from a payment company because of freezing orders issued in February to prevent protesters from using the money. More than $ 400,000 Cdn digital coins were also transferred on bail.
Suggested class-action suit ready to go
Champ and his team are expected to expand the scope of the proposed group action to include thousands of defendants – including donors and more truck drivers involved – as they seek to compensate residents and businesses in the city center. Defendants will then file their own materials before the court decides whether to uphold the class action. “We have completed our efforts to monitor and control all funds raised to support truckers and donated to effectively enable truckers to continue occupying downtown Ottawa and continue to damage downtown Ottawa,” he said. Champion. His team hopes that the money now under guarantee “we hope will one day go to the compensation of the residents of downtown Ottawa”.
Most of the funds raised for the escort were returned to donors
The escort demonstration in Ottawa raised a total of more than $ 20 million during her three-week stay in the city center. Tamara Lich, the escort leader who had access to a significant amount of money through her role in organizing the protest – for which she has since been accused – helped raise nearly $ 10.1 million before the donation was suspended. The site raised the money, GoFundMe, and then returned most of that money to the original donors as of Feb. 5, the company said. The nearly $ 1.4 million remaining in Lich’s possession was then transferred to bail. Two fundraisers who started at GiveSendGo raised more than $ 12 million, and during a March 9 court appearance, GiveSendGo co-founder and CFO Jacob Wells said donations would be returned to donors. When asked by the CBC, the company refused to disclose the total amount returned. Most of the digital currency raised as part of the escort fundraiser – 20.7 bitcoin (worth almost $ 1.1 million Cdn) – continues to evade the authorities. Authorities are believed to be monitoring the rest of the bitcoin, but it remains unclear whether they will be able to capture it.
