Exchanges· ★★★· neutral·

Brazilian investor sues Mercado Pago over blocked R$2.7M after UNI trades

  • —UNI trades on Nov. 10–11, 2025 left a balance of R$2.74 million plus 135,400 UNI
  • —Mercado Pago blocked the account three days later, citing a pricing error
  • —Court denied emergency unfreezing but ordered execution and pricing reports
  • —At least seven other clients reported similar freezes during the UNI rally
Why it matters: The case tests whether platforms can unwind already-settled trades, setting a precedent for custodial crypto services in Brazil.
Source: Livecoins