S6 INVESTIMENTOS

S6 Investimentos presented itself as a Brazilian financial services company based in São Paulo, specializing in investment advisory, asset management, and financial planning for individuals and families. However, the company and its principal, Jonas Spritzer Amar Jaimovick, were issued a stop order by Brazil's securities regulator (CVM) in 2019 for the unauthorized offering of portfolio management services. Subsequently, the firm and its owner have been heavily implicated in "Operation Kryptos," a Brazilian Federal Police investigation into a large-scale cryptocurrency pyramid scheme that allegedly defrauded thousands of investors.