While the world’s largest crypto exchange Binance is under investigation in Brazil, the Latin American country, the Brazilian executive of the exchange was summoned to testify before the congress.
As the pressure on Binance increased worldwide, a new one came from Brazil. In the news quoted by Brazilian local media outlet Portal do Bitcoin, it was stated that Brazil opened an investigation against Binance. Within the scope of the investigation Guilherme Haddad, Binance’s Brazil manager He was summoned to testify before the congress.
Ongoing allegations of fraudulent pyramid schemes in the country by Binance official Parliamentary Commission of Inquiry (CPI) He was summoned as part of the investigation.
Member of the Brazilian House of Representatives, who is the spokesperson for the open call Alfredo GasparBinance facilitating asset transfers by pyramid schemes in the country claimed to be used for:
It is vital to understand Binance’s activities, its relationship with B Fintech, and its relationship with companies facing legal action for harming Brazilian consumers. This strongly links Binance to the ongoing investigation.
Request of 21 June submitted by Deputy Alfredo Gaspar By CPI members on June 27 will be voted on. Haddad, if the vote was accepted by the majority, He will appear before the Brazilian House of Representatives..
According to Portal do Bitcoin Brazilian Securities and Exchange Commission (SEC)pressures Binance to stop offering Bitcoin futures products to its Brazilian customers.