A video captured the action of at least two men easily entering Braiscompany’s headquarters in São Paulo and taking items and goods from there. Until last Wednesday (29), all items were removed from the building, ending the operation of the company in São Paulo.
Born in Campina Grande, Paraíba, Braiscompany spread all over Brazil, promising steady income in the cryptocurrency market. With husband and wife team Antônio and Fabrícia Ais in charge of operations, they had the help of brokers to attract new investors.
Many of Braiscompany’s former brokers defended the company even as the backlog of customer withdrawals began in late 2022.
With the closure of its headquarters, everything points to the company being gone for good, even if some are still publicly defending the possible financial pyramid.
Watch the video of men cleaning Braiscompany’s headquarters in São Paulo
While customers look for a way to recover lost amounts from Braiscompany in court, the company continues to vacate the premises it used.
One of them, in São Paulo, is the umpteenth to remove all items from the site, with a video showing the beginning of the work.
According to the material, which is dated March 26, 2023, two men arrive at the headquarters and begin to leave the premises.
Before the headquarters had the assets removed, the PF even sealed the premises, but all indications are that it is now vacant.
Understand the end of Braiscompany
Operating in the cryptocurrency market, Braiscompany emerged in 2019 and attracted its first clients, who believed they were investing in a legitimate company. To convince and bring in new customers, the company claimed to lease cryptoassets.
In 2020, the company received the first signs of fraud, when Tiago Reis publicly exposed Braiscompany’s Operation Pharaoh.
Since then, the company has tried to defend itself, suing Suno’s founder to convey a false sense of legality. With its operations becoming more widely known, the Braiscompany founder even took part in a public hearing in Brasilia where cryptocurrency scams were discussed.
However, since November 2022, Braiscompany started delaying customer withdrawals for the first time, a situation that worsened the following month, in December.
Entering 2023, none of the company’s customers received the company’s firm monthly promises, opening the crisis of the potential financial blow.
With complaints from investors across Brazil, the federal police launched Operation Halving against the company in February 2023, but failed to find its key leaders, who remain on the run.
Source: Live Coins
Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.
