A court in Sao Paolo, Brazil, ruled against Binance in a case in which the leading cryptocurrency exchange faced a withdrawal-related complaint. A user, who introduced a lawsuit against the exchange because he couldn’t retrieve his funds from the platform, received almost $2,000 in damages and the funds deposited as part of the court decision in September.Local courts have begun to deal with cryptocurrency exchange-related cases in Brazil.
The court ruled in favor of the customer, ordering the exchange to execute the pending withdrawals, and awarding almost $2,000 in moral damages. Judge Rafael Almeida Moreira de Souza, who was in charge of the case, stated: Values are essential for the survival, with dignity, of the applicant. Reparation for moral damages should serve to compensate the victim and also punish the offender, so that similar conduct does not occur again.
Metropoles, a local newspaper, reported about another similar case that was resolved in Dec. 2021, when a judge ordered an exchange to allow a customer to withdraw funds blocked due to their alleged relationship with a hacking attack.Binance had to take in June when Capitual, the payments provider of the exchange in Brazil, ceased to process Binance orders.
The situation led Binance to announce it would take legal action against Capitual for this service suspension. At the time, Capitual, which also served other exchanges in the country, explained that Binance failed to adapt its tech platform to comply with the new legal requirements.
Btc
one of the things we see the least nowadays on the cenario is people talking about long term crypto investment. i mean who gets rich from (Bitcoinben) btc in 30 days? 5-20 years, get good coins research and invest. thats the real deal. Reach out to me for more tips
São Paulo. I will unfollow this account if it's not corrected soon.
Bear markets provide the greatest accumulating opportunity for those with conviction in bitcoin , but they are the most dangerous for speculators. If you aren’t following lynn_v1 you should be. There aren’t many who have a better understanding of value investing, great TA
FUD old nonsense news not even spelled Sao Paulo right
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BTCTN - 🏆 531. / 51 Read more »
Source: binance - 🏆 561. / 51 Read more »
Source: Cointelegraph - 🏆 562. / 51 Read more »