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Years On Freedom Convoy Lawyer Debanked By Royal Bank Of Canad

Metaculus

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Royal Bank of Canada (RBC) terminated its banking relationship with lawyer Eva Chipiuk on July 17, citing in a letter posted by Chipiuk on X that her recent account activity was outside the bank's "client risk appetite" and giving her until August 18 to find alternative banking services.

Financialpost

Royal Bank of Canada (RBC) terminated its banking relationship with lawyer Eva Chipiuk on July 17, citing in a letter posted by Chipiuk on X that her recent account activity was outside the bank's "client risk appetite" and giving her until August 18 to find alternative banking services.

Chipiuk, who represented Freedom Convoy protesters and cross-examined former Prime Minister Justin Trudeau in 2023, said the termination followed two cryptocurrency transactions totaling $1,000 each to Shakepay Inc., a bitcoin trading platform.</span

Western Standard

Chipiuk, who represented Freedom Convoy protesters and cross-examined former Prime Minister Justin Trudeau in 2023, said the termination followed two cryptocurrency transactions totaling $1,000 each to Shakepay Inc., a bitcoin trading platform.

The bank froze Chipiuk's account after the second cryptocurrency transfer, requiring her to visit a branch to restore access before ultimately sending the termination letter several days later without providing specific reasons for the closure.</span

LifeSite

The bank froze Chipiuk's account after the second cryptocurrency transfer, requiring her to visit a branch to restore access before ultimately sending the termination letter several days later without providing specific reasons for the closure.

In response to the matter, an RBC spokesperson explained that account closures may occur at the discretion of either the bank or client, emphasizing that decisions are made “after careful consideration.” The Canadian Bankers Association noted that banks make these decisions independently, considering regulatory guidelines and client risk.

In response to the matter, an RBC spokesperson explained that account closures may occur at the discretion of either the bank or client, emphasizing that decisions are made “after careful consideration.” The Canadian Bankers Association noted that banks make these decisions independently, considering regulatory guidelines and client risk.

The Ombudsman for Banking Services and Investments reported that approximately 5% of complaints it receives annually relate to debanking, with 94 cases opened in 2024 compared to 105 cases in 2023.</span

The Ombudsman for Banking Services and Investments reported that approximately 5% of complaints it receives annually relate to debanking, with 94 cases opened in 2024 compared to 105 cases in 2023.

During the 2022 Freedom Convoy protests, Canadian banks froze approximately $7.8 million across 200 accounts when the federal government invoked the Emergencies Act, which was later ruled unlawful by a federal court.</span

During the 2022 Freedom Convoy protests, Canadian banks froze approximately $7.8 million across 200 accounts when the federal government invoked the Emergencies Act, which was later ruled unlawful by a federal court.

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RBC stated it makes account closure decisions only after careful consideration of circumstances, while the Canadian Bankers Association said banks evaluate client risk independently based on applicable laws and regulatory requirements.</span

RBC stated it makes account closure decisions only after careful consideration of circumstances, while the Canadian Bankers Association said banks evaluate client risk independently based on applicable laws and regulatory requirements.

This represents political retaliation against a lawyer who challenged government overreach during the Freedom Convoy, with RBC using vague "risk appetite" language to mask ideological discrimination. The timing following legitimate Bitcoin purchases suggests coordinated suppression of dissenting voices, continuing the pattern established during the unlawful Emergencies Act when banks froze accounts without due process.

This represents political retaliation against a lawyer who challenged government overreach during the Freedom Convoy, with RBC using vague "risk appetite" language to mask ideological discrimination. The timing following legitimate Bitcoin purchases suggests coordinated suppression of dissenting voices, continuing the pattern established during the unlawful Emergencies Act when banks froze accounts without due process.

TomMarazzo

stevlandambrose

RBC Terminates Freedom Convoy Lawyer's Banking Relationship

Canada

Finance

Freedom & human rights

Banks have legitimate authority to terminate customer relationships when transactions fall outside their risk tolerance, particularly involving cryptocurrency which poses fraud and money laundering concerns. RBC provided proper notice and followed standard procedures for account closure, giving Chipiuk reasonable time to transition to another institution. The bank's questions about her crypto activities were likely routine fraud prevention measures, not political targeting.

Banks have legitimate authority to terminate customer relationships when transactions fall outside their risk tolerance, particularly involving cryptocurrency which poses fraud and money laundering concerns. RBC provided proper notice and followed standard procedures for account closure, giving Chipiuk reasonable time to transition to another institution. The bank's questions about her crypto activities were likely routine fraud prevention measures, not political targeting.

RBC Terminates Freedom Convoy Lawyer's Banking Relationship

RBC Terminates Freedom Convoy Lawyer's Banking Relationship

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RBC Terminates Freedom Convoy Lawyer's Banking Relationship

RBC Terminates Freedom Convoy Lawyer's Banking Relationship

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