Exchanges· ★★· neutral·

Brasil Bitcoin calls shareholder meeting to expel 40% partner

  • —Partners Jorge Alves and Marco Castellari seek to expel 40% stakeholder Erick Crus
  • —Crus demands removal of both managing partners and an external audit
  • —First meeting on October 7 failed for lack of quorum; next set for October 12
  • —Brasil Bitcoin ranks fourth by 24-hour trading volume in Brazil
Why it matters: The dispute coincides with Brazil's central bank licensing deadline of October 30 and could derail Brasil Bitcoin's regulatory approval.
Source: Livecoins
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