CVM Suspended HashBrasil Activity
March 7, 2018
Securities and Exchange Commission of Brazil has frozen share trading at the mining project HashBrasil. The measure was caused by services rendered as well as business development violating laws and regulations on securities. In addition, CVM has fined the mining project so the company is obliged to pay $1 500 a day if it fails to meet the requirements.
The project’s representatives have reported, they intend to stop their activity and added the company will continue informing the users on customer protection yet within the limits of legislation this time.