Finance

Brazil inspects Binance exchange

Photo by Mateus Campos Felipe / Unsplash

Cryptocurrency exchange Binance Brazil is facing an audit by Brazilian regulators.

Alfredo Gaspar, a congressional representative and member of a parliamentary commission to investigate pyramid schemes, demands that Guilherme Haddad, head of Binance Brazil, be invited to testify before the Brazilian parliament.

In his statement, the congressman wrote that Binance used pyramid schemes such as Ever Operations and Investments and Braiscompany to facilitate the transfer of assets.

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