In two separate lawsuits, Federal Courts in Brazil have ordered Banco do Brasil and Banco Santander to reopen the bank accounts of Bitcoin Max cryptocurrency exchange. The banks had initially closed down the accounts of the exchange in September.
According to Portal do Bitcoin, the banks complied with the injunctions and re-instated the accounts. In the case against Banco Santander, the lawsuit is before the 3rd Civil Court of Brasilia. The Judge initially denied the exchanges’ petition against the account closure, at which point its lawyers appealed the decision to a TJDFT Judge.