According to the former NegocieCoins client, the group failed to comply with orders in the receivership process.
Lawyer seeks bankruptcy of the Bitcoin BancoNOTÍCIAS Group
An application for bankruptcy of the Bitcoin Banco Group (GBB) was filed by the lawyer Thiago Oliveira Rieli on Tuesday (8). According to the petition, the business group has committed irregularities that undermine the judicial recovery process.
Oliveira therefore believes that the bankruptcy of the Bitcoin Banco Group should be decreed by the courts. Besides not complying with the stages of the judicial recovery process, the lawyer points out that the recoveries are not currently active in the market.
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Advocating on his own behalf, Rieli is a former client of the Bitcoin Banco Group and believes in the „evident irrecoverability of debtors“. He claims that the last three law firms have abandoned the group’s receivership process due to a lack of payments.
„In this context, the irrecoverability of the debtors is evident, given that the last three law firms, all of which were motivated by the non-payment of the Golden Profit review contracted fees, have resigned“.
Bankruptcy of the Bitcoin Banco Group
The bankruptcy of the GBB is sought in a petition condemning the judicial recovery of the group of companies focused on the cryptomoeda market.
The document mentions that the recoveries are not complying with the determinations of the procedure, such as the payment of fees to the lawyers responsible for the case, for example.
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In addition, the petition states that the GBB did not announce a patron in time to continue the judicial recovery process. The patron is responsible for ‚managing‘ the business during the receivership process.
„Even when regularly summoned to set up new patrons, the debtors let in albis the deadline for this elapse“.
Does not deposit cryptomoeda
The Bitcoin Bank Group’s receivership process determined that a cryptomorphic transfer should be made by the business group.
However, the petition requesting the bankruptcy of the business indicates that this transfer is not being carried out. In total, the GBB was to deposit 150 Bitcoin units (BTC) each month which would be used to settle debts with former customers.
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Considering the current market price for Bitcoin on Wednesday (9), the GBB should pass on about R$ 14 million in cryptomoedas monthly.
„They stopped liquidating and judicially depositing the amount of 150 Bitcoins, previously determined by this Judgement“.
Judicial recovery process
The Bitcoin Banco Group faced problems in the market in May 2019, when withdrawals were suspended in exchanges that are part of the business group.
Shortly afterwards, at the end of November 2019, the GBB’s judicial rehabilitation process was decreed. Since then, former business customers have been waiting to receive their cryptomites back.
Known for offering „infinite arbitration“, the GBB has 6,300 Bitcoin units (BTC), which can be used to pay former business customers.
However, without complying with monthly transfers in cryptomorphs, the group’s judicial recovery process is impaired. The petition presented by the lawyer Thiago Oliveira Rieli calls for the business to be declared bankrupt by the courts.
The former client, who is advocating his own case, and who filed the petition, was a client of the Bitcoin Bank Group through Exchange NegocieCoins, which is also part of the judicial recovery process.
„As can be seen, these are absolutely irrecoverable companies and it is a legal duty of this I. I hereby declare the bankruptcy of the debtor companies immediately, with the collection of all the assets informed“.