Brazilian court accepts lawsuit against Coldcard founders, KOLs who recommended the wallet also named as defendants

TechFlow news, August 4, according to Brazilian media Livecoins, the lawsuit against the founder of Coldcard has entered the Brazilian judicial process. Some victims have also listed the KOLs who previously recommended the wallet as defendants. The report states that, based on a large number of existing relevant precedents in Brazil, when opinion leaders engage in advertising promotion, especially paid promotion, they may be considered as part of the consumption chain and bear corresponding legal liability as "suppliers" under the "Consumer Protection Law".