Chop 10 ounces of chocolate and place into a heat-safe bowl. Set aside.
In a small saucepan, bring heavy whipping cream to a slow boil over medium high heat.
Pour hot cream over dark chocolate and let the mixture sit undisturbed for 5 minutes. After chocolate has melted, add peppermint schnapps then stir until smooth.
Refrigerate for 2 hours.
Line a baking sheet with parchment paper and set aside.
Scoop chilled truffle mixture into tablespoon-sized measurements. Dust palms of hands with cocoa powder and roll truffles into balls. Place truffles on prepared cookie sheet and freeze for 20 minutes.
After truffles have chilled in the freezer, chop remaining chocolate and place in a heat-safe bowl. Microwave in 30 second increments, stirring after each, until smooth and melted.
Using a fork, dip a truffle into melted chocolate. Spoon extra chocolate over the top to ensure even coverage.
Gently tap off excess chocolate then nd place truffle back on baking sheet and sprinkle with crushed candy canes.
Repeat the chocolate dipping and candy cane sprinkling process for the remaining batch.
Chill truffles in the refrigerator for 10 minutes until chocolate sets.
Serve at room temperature.
Store in an airtight container at room temperature up to 2 days or in the refrigerator up to 2 weeks.