A Brazilian court has sentenced three executives behind the collapsed crypto scheme Braiscompany to a combined 171 years in prison, concluding one …
Brazilian
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Regulation
Operator of Brazilian Crypto Ponzi Scheme Sentenced to 128 Years in Prison
by shayaanby shayaanThe Brazilian justice system sentenced Joel Ferreira de Souza to 128 years, 5 months, and 28 days in prison. Souza was identified …
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In brief Three men in Brazil were sentenced to a combined 170 years in prison this week over a Bitcoin investment scheme …
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Finance
Brazilian Drex Hits Privacy Roadblock as Support From External Partners Wanes
by shayaanby shayaanLocal media reports that several companies, including Microsoft and EY, have reduced the number of employees working on drex-related solutions. This reduction …
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Regulation
Brazilian judge allows NFT subpoenas to Bitcoin wallets in high-profile fraud case
by shayaanby shayaanA court in Brazil has authorized the use of non-fungible tokens (NFTs) to notify unidentified defendants in a case involving missing Bitcoins …
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Regulation
Brazilian Senate to Hold Public Hearing on Cryptocurrency Regulation
by shayaanby shayaanBrazil is taking another step toward regulating the rapidly growing cryptocurrency market. The Brazilian Senate has announced plans to hold a public …
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Regulation
Brazilian workers will be able to opt for salaries to be paid in crypto if the new bill is passed
by shayaanby shayaanToday, various governments and institutions around the world are exploring Bitcoin’s potential for their benefit. We hear much talk about adopting Bitcoin …
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Today, various governments and institutions around the world are exploring Bitcoin’s potential for their benefit. We hear much talk about adopting Bitcoin …
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Adoption
Méliuz becomes first publicly-traded Brazilian company to invest in Bitcoin, allocates 10% of cash reserves
by shayaanby shayaanMéliuz, a publicly traded Brazilian company, has announced the acquisition of Bitcoin (BTC) equivalent to 10% of its cash holdings, local media …
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Regulation
DOJ extradites Brazilian to the United States over $290M crypto fraud scheme
by shayaanby shayaanThe United States Department of Justice (DOJ) has extradited a Brazilian national to the United States of America from Switzerland over a …