Brazil's Supreme Court: Victim of 'Bitcoin Pharaoh' Ponzi cannot shift debt to bank

• —STF dismissed the appeal over lack of prior constitutional debate (Precedent 282 and 356)
• —The client took an 81,000-real loan from Bradesco and invested about 30,000 reais in the G.A.S. scheme
• —The scheme promised 10% monthly returns and collapsed; lower courts called the client's conduct reckless
• —Legal fees owed to the bank's lawyers were raised by 10% for the failed appeal