M Intermediação e Prestação de Serviço Ltda. – a crypto brokerage headquartered in Brazil – has reportedly had the judge’s decision ruled in their favour, regarding a legal complaint against Banco Bradesco, following the shutdown of M Intermediação’s account at the bank.

Reported by the Cointelegraph Brazil on August 1, M Intermediação employs Bitcoin network, together with bank accounts, as a means for deposit making and withdrawing for their clients, in Bitcoin (BTC) and Brazilian reals.

Last year, The Banco Bradesco has made a decision to cease the brokerage’s account, with their reason being the bank’s security network has come across some suspicious activities, which was then claimed to be in prevention fraudulent acts.

The presiding judge reportedly ruled that a lack of evidence has deemed the Bradesco’s claims unjustified, and ultimately ordered Bradesco to re-open M Intermediação account.

Previously, the bank Santander has received the same ruling in a familiar type of lawsuit – against which they have later appealed – submitted by the Brazil-based crypto firm Mercado Bitcoin, claiming that its bank account has been blocked with insufficient reasoning.

Santander clarified that it was the true source of the crypto firm’s deposited fund has led to the decision of freezing their account.