Brazilian Congress puts Binance CEO CZ in crosshairs for indictment
A Congress Committee has recommended that Chang Peng Zhao And three local Binance executives be indicted For fraud And other financial crimes.
News
Join
We
on
social
networks
A Brazilian Congress Committee has recommended local law enforcement move has to accuse Binance CEO Chang Peng “CZ” And three other Binance executives following A probe In financial pyramid diagrams In Brazil.
On October. ten THE Committee released A 500 pages final report accusing Zhao And local Binance executives Daniel Mangabeira, Guilherme Haddad Nazar And Thiago Carvalho of fraudulent management practices, Operating without sufficient authorisation And offer securities trade without authorization.
In THE report, THE Committee — directed by deputy Ricardo Silva — claims that Binance, Zhao And others "together up A opaque network of legal entities, all control directly Or indirectly by Zhao, without defined business aim And with No other aim that escape compliance with THE law. »
THE report Also recommended THE charge of 45 other people quoting "strong evidence" of alleged participation In criminal diagrams, with those appointed related has several crypto businesses, including THE journey farm 123 million, THE crypto scheme 18K Ronaldinho And others.
Binance
CEO
Changpeng
Zhao
stands
accused
of
several
financial
crimes.
Source:
Bedroom
of
MPs
of
BrazilSilva wrote that with Binance be accused of regulatory noncompliance In many other jurisdictions, In Brazil, Binance operations were "surrounded by suspicion. »
THE Committee recommended THE Federal Public Ministry launch A investigation In all of Binance...
A Congress Committee has recommended that Chang Peng Zhao And three local Binance executives be indicted For fraud And other financial crimes.
News
Join
We
on
social
networks
A Brazilian Congress Committee has recommended local law enforcement move has to accuse Binance CEO Chang Peng “CZ” And three other Binance executives following A probe In financial pyramid diagrams In Brazil.
On October. ten THE Committee released A 500 pages final report accusing Zhao And local Binance executives Daniel Mangabeira, Guilherme Haddad Nazar And Thiago Carvalho of fraudulent management practices, Operating without sufficient authorisation And offer securities trade without authorization.
In THE report, THE Committee — directed by deputy Ricardo Silva — claims that Binance, Zhao And others "together up A opaque network of legal entities, all control directly Or indirectly by Zhao, without defined business aim And with No other aim that escape compliance with THE law. »
THE report Also recommended THE charge of 45 other people quoting "strong evidence" of alleged participation In criminal diagrams, with those appointed related has several crypto businesses, including THE journey farm 123 million, THE crypto scheme 18K Ronaldinho And others.
Binance
CEO
Changpeng
Zhao
stands
accused
of
several
financial
crimes.
Source:
Bedroom
of
MPs
of
BrazilSilva wrote that with Binance be accused of regulatory noncompliance In many other jurisdictions, In Brazil, Binance operations were "surrounded by suspicion. »
THE Committee recommended THE Federal Public Ministry launch A investigation In all of Binance...
What's Your Reaction?
