Man Accused of Arranging Murder to Avoid Crypto Debt Can’t Escape Jail, Brazilian Court Rules

Brazil’s supreme court (Ricardo/Flickr)

A Brazilian crypto businessman who allegedly arranged his weak felony actually useful’s homicide rather then pay the particular person a R$2.5 million ($471,965) bitcoin debt stays jailed after Brazil’s Supreme Court rejected his request for freedom.

  • The First Panel of Brazil’s Federal Supreme Court on Tuesday declined to hear defendant Danilo Afonso Pechin’s request for Habeas Corpus in connection to the execution-style homicide of his felony actually useful Francisco Assis Henrique Neto Rocha.
  • Pechin, a partner of the defunct crypto investments supervisor Valour Make investments, which Brazilian media earn described as a pyramid plot, became as soon as arrested in August 2019 on suspicion that he paid hitmen R$500,000 to assassinate Rocha. Gunmen ambushed and murdered Rocha at a São Paulo gas region in June 2019.  
  • In a press direct, the Court acknowledged that prosecutors state Pechin owed Rocha R$2.5 million “due to the sale of bitcoins” at the time of Rocha’s death. They cited that debt as the motive for Rocha’s homicide. 
  • A lower court had previously rejected Pechin’s request for freedom after discovering “stable proof” that he participated within the Rocha homicide. Despite the truth that at the origin refined by a preliminary injunction, that denial of Habeas Corpus now stands.
  • The investigation into Rocha’s death is ongoing.



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