STJ admits sending letters to brokerage firms to find and pledge the debtor's cryptocurrency

The Third Panel of the Superior Court of Justice (STJ) made a unanimous decision allowing the attachment of cryptocurrencies belonging to debtors. This measure was adopted after a creditor was unable to locate the debtor's assets, even after winning a court case. Historically, the courts had the possibility of blocking amounts in bank accounts to ensure the payment of debts, but cryptocurrencies were not included in this procedure. With the new …

The Third Panel of the Superior Court of Justice (STJ) unanimously decided to authorize judges to send letters to cryptocurrency brokers, ordering that assets belonging to debtors be informed and seized. The five members of the class - ministers Humberto Martins, Nancy Andrighi, Ricardo Villas Bôas Cueva and Moura Ribeiro and the summoned judge Carlos Cini Marchionatti - accepted the appeal of a creditor, who stated that he had not found assets …

Decision was handed down by the ministers of the 3rd Panel of the Court