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Deputy Alfredo Gaspar, a member of the Brazilian Chamber of Deputies, has requested the summoning of Guilherme Haddad, the director of Binance Brazil, to appear before the Brazilian parliament as part of an ongoing Parliamentary Commission of Inquiry (CPI) investigation into alleged pyramid schemes in the country.

The June 21requestwill be voted on by members of the CPI on June 27.

According to a translation of the Brazilian news outlet Portal do Bitcoin, if the vote is approved, Haddad will be summoned to appear before the Brazilian Chamber of Deputies if the vote is approved. This development comes amid a global regulatory crackdown on the largest cryptocurrency exchange. Binance has faced scrutiny from authorities in the United States, France, the Netherlands, the United Kingdom and Brazil, underscoring international attention on the company.

Furthermore, the deputy claimed that Binance was utilized by pyramid schemes in the country to facilitate asset transfers.

He said:

In a statement sent to Cointelegraph, a Binance spokesperson said that the companys top priority is ensuring the protection of users in Brazil and worldwide. They emphasized its collaboration with local authorities in an ongoing effort to combat cyber and financial crimes. This includes proactive measures like tracking suspicious accounts and identifying fraudulent activities.

According to the statement, Binance is compliant with the Brazilian regulatory framework:

Authorities in the South American nation explained that the intent for summons is due to the fact the company is facing the scrutiny mentioned above from regulators worldwide. In Brazil, Binance is also being investigated by the Federal Prosecutors Office and Federal Police. The cryptocurrency exchange has allegedly been helping clients evade a stop order on cryptocurrency derivatives investments.

Related: Binance, Binance.US and CZ allege SEC made misleading statements on exchange assets

The Securities and Exchange Commission of Brazil has already been pressing Binance to stop offering Bitcoin futures products to Brazilian customers, according to a previous report from Portal do Bitcoin.

Magazine: US and China try to crush Binance

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Binance faces scrutiny in Brazil, exec summoned to testify before Congress - Cointelegraph