
A congressional panel in Brazil recommended the indictment of Binance's chief executive officer, Changpeng Zhao, following a probe into the world's largest cryptocurrency exchange.
Binance users in Hong Kong have been snubbed by phishing attacks from the US$450,000 a year ago.
The paper also called for the government to launch an investigation into Binance's derivative products.
Binance ICO raised less than US$5 mln in the first 24 hours of its launch, Forbes reported.