Caua Reymond sues cryptocurrency pyramid accused of running R7 billion

Cauã Reymond sues cryptocurrency pyramid accused of running R$7 billion fraud

legal action

The actor claims that the company is misusing his image; He demands R$50,000 as compensation for moral damage

Lucas Gabriel Marins October 31, 2023 3:28 pm

Caua Reymond sues cryptocurrency pyramid accused of running R7 billion

Actor Cauã Reymond sued Atlas Quantum, a cryptocurrency financial pyramid accused of committing a R$7 billion financial fraud, for misuse of the image. The information was published in Metropoles.

In the lawsuit, the artist also demands R$ 50,000 as compensation for moral damage, according to the vehicle.

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Reymond promoted Atlas Quantum for a certain period in 2018 together with actress Tatá Werneck. However, the company continues to maintain the artist’s promotional materials online, documents cited by Vehicle said.

Atlas Quantum, founded by Rodrigo Marques dos Santos and Fabrício Spiazzi Sanfelice Cutis, claimed to have an arbitration robot called “Quantum” that processed trades between different cryptocurrency exchanges, always making a profit.

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In 2019, the company came under scrutiny from the Securities and Exchange Commission (CVM) for irregular securities offerings. The regulator considered that the company’s product falls into the CIC (Collective Investment Contract) category, which requires prior approval.

Following the CVM’s move, Atlas Quantum stopped paying investor redemptions. Since then, the deal has been handled by thousands of investors in Brazil and around the world. It is estimated that 200,000 people fell victim to the plan.

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Reymond claimed that Atlas Quantum had a good reputation in the market when he started advertising. He also said that the contract states that the artist can act legally if the company proves suitable over time.

As a result of the propaganda, both Reymond and Tatá were summoned by the Parliamentary Commission of Inquiry (CPI), which investigated cryptoactive scams, which completed its work this month. Both appealed to the Federal Court of Justice (STF) and managed to evade their involvement, angering parliamentarians.

According to the website, Reymond said that the call to the CPI was very negative for his image.