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According to Livecoins, the Finance and Taxation Committee (CFT) of the Brazilian House of Representatives has approved a bill to punish online fraud, authorizing the freezing of cryptocurrency balances of police investigation targets and increasing the sentence for cyber attack charges to 6 to 10 years. Judges have the authority to freeze the assets of suspects in Bitcoin exchanges and bank accounts, with preventive measures including freezing physical assets and prohibiting the use of payment systems. The bill will be submitted to the Constitutional and Judicial Committee (CCJ) for review.