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Binance Brazil (PT) -Binance Faces Scrutiny in Brazil Amidst Global Regulatory Challenges Binance, a big crypto company, just faced a setback in Brazil. The committee accused Zhao and three local Binance employees of fraudulent management, of offering or trading in securities without prior. The congressional committee accused Changpeng Zhao and three other executives, along with 45 individuals, of running a financial pyramid scheme.
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