Overview
- Cristiano Zanin closed the case Tuesday after adopting the prosecutor general’s view that it no longer had a purpose because the United States had already lifted the sanctions.
- The suit, filed by congressman Lindbergh Farias, sought to bar Brazilian banks from applying effects of the U.S. Global Magnitsky program, which lets Washington blacklist foreign officials for rights abuses or corruption.
- While the sanctions were active, banks faced a stark choice that risked either penalties in the U.S. financial system or lawsuits at home, a conflict eased when the Trump administration removed Alexandre de Moraes and his wife from the list in December 2025.
- Related fallout continues, including an inquiry into Eduardo Bolsonaro’s alleged role in pushing the sanctions, with Moraes recently sharing evidence with the Federal Police.
- Coverage split highlights stakes beyond the courtroom, with CartaCapital stressing sovereignty and diplomacy and Gazeta do Povo emphasizing banks’ exposure and ongoing probes.