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In a 500+ page report, a Brazilian congressional committee has laid out recommendations for indictments against CZ, local executives, and those of several other crypto-related firms.
The committee in question is led by congressional deputy Ricardo Silva and recommends further investigation into the crypto platform – separate from an investigation into Binance already underway by the local regulator CVM.
A further 45 people across multiple companies are also singled out as potential targets for government investigation. However, it’s worth noting that the recommendation has no legal backing at the moment and could very well end up completely dismissed. The report merely presents the findings of Silva’s committee to members of the Brazilian Congress. It ends with a request for a further investigation into Binance’s affairs, focusing on the financing of unsavory groups and tax dodging.“We went to great lengths to actively collaborate with the committee.
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