The Royal Bank of Canada is shutting down a Freedom Convoy lawyer’s accounts over “risk concerns.”
In a July 23 post on X, Freedom Convoy layer Eva Chipiuk revealed that the Royal Bank of Canada (RBC) terminated its banking relationship with her, citing “risk-related concerns” due to “recent activity” being outside their “client risk appetite.”
“As a federally regulated financial institution, RBC is required by law to comply with applicable legislation,” the letter, posted on X, read. “These laws require that we implement certain processes and procedures which directly support the formulation of RBC’s positions with respect to risk.”
“After careful consideration, we regretfully advise you that the recent activity in your accounts is outside of RBC’s client risk appetite, and consequently we are no longer in a position to continue our banking relationship with you,” it continued.
The decision followed a flagged Bitcoin transaction, after which RBC froze her account and asked her questions about her crypto activities, which she described to the Western Standard as “strange and demeaning.”
The bank gave her until August 18, 2025, to find a new financial institution, cryptically referencing compliance with federal regulations but providing no specific law or detailed explanation.
Chipiuk, who has been vocal about her criticism of Canadian institutions, suggested the debanking might be linked to her involvement in the Freedom Convoy or her public stance.
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