Brazil's ex-economy chief Guedes and singer Gusttavo Lima named in OnilX probe
- —Twelve individuals and one company, IRS Capital Ltda, are under investigation
- —OnilX halted withdrawals; clients have filed complaints on Reclame Aqui
- —The case is sealed, so specific allegations against those named are unknown
- —Guedes is represented by seven lawyers, including two from Brasilia
Why it matters: The case signals Brazil's push against crypto schemes promising fixed returns and carries reputational risk for those named.
Source: Livecoins