Exchanges· ★★★· neutral·

São Paulo court orders Brasil Bitcoin admins to return domain, Pix key and deposits within 48 hours

  • —Court blocked the transfer of brand, user contracts and funds to Brasil 8, set up on October 15–18
  • —Admins Marco Castellari and Jorge Alves must restore the domain via NIC.br without DNS disruption
  • —Deposits received by Brasil 8 at Stark Bank must be returned to Brasil Bitcoin
  • —By October 30 the admins must file the central bank licence application under Brasil Bitcoin's name
Why it matters: The ruling protects exchange customers and signals that Brazilian courts will block asset transfers through parallel corporate entities.
Source: Livecoins