Regulation· ★★★· neutral·

Brazilian court orders Kraken to freeze funds in R$3.4M crypto fraud case

  • —Retired doctor lost R$3.4 million in a crypto fraud in 2025
  • —Court ordered Kraken to freeze suspect balances and disclose client data within 5 business days
  • —Freeze requests against Tether and Circle were rejected over third-party risk
  • —Funds moved through DEXs, bridges and the Bitcoin, Ethereum and TRON networks
Why it matters: The ruling sets a precedent separating liability between stablecoin issuers and regulated exchanges in recovering stolen funds.
#USDT#BTC#ETH
Source: Livecoins
More on this
Regulation · Oct 1
Supreme Court of Canada to examine jurisdiction in alleged crypto fraud case
 Regulation · Sep 17
New York court denies Susquehanna bid to freeze funds in insider trading case
 Security · Sep 17
Moscow court orders in absentia arrest of ex-communications minister Nikiforov in Finiko case