Canadian Court Freezes Millions in Convoy Protestor Funds–Including Bitcoin (opens in new tab)

Custody services and trading platforms are subject to courts. Cold wallets and trading peer-to-peer only gets you so far.

People keep forgetting that we live in a society. If you create a terrorist organization for example and people send you money without the involvement of banks the government won't just roll over for you. The courts can order the seizure of your assets, and you can be charged with obstruction of justice.

This court order are sent to exchanges and some wallet providers... One of the major exchanges Kraken CEO told, that they have to comply to orders like this right now... It would be interesting and I think in future we definitely will see such event, then court order will tell miner to forbid transacting from some addresses. It would be interesting to see reaction to such order.

They can't. All they can do is prevent off-ramping from exchanges. If you hold your private keys, you can transact on the Bitcoin network with whoever you want, whenever you want.

They would probably move it into a custodial wallet.