Nelore Coin (NLC): CVM orders the offering halted

On April 15, 2026, CVM's Board approved Deliberation No. 907 concerning NLC Confinamentos S/A (CNPJ 45.974.071/0001-23), Mineradora NLC Ltda. (CNPJ 61.767.557/0001-47) and their partners, which were offering — through a website and an open group on a messaging app — investments whose returns were said to be tied to cattle raising and gold mining. The offering came in three forms: equity in NLC Confinamentos S/A, the Nelore Coin (NLC) token, and a "dividend asset" called NLCD.

The deliberation warns the market and the public that the companies and their partners "are not authorized to publicly offer securities or collective investment contracts," because the offering had neither registration nor a registration waiver with CVM, in violation of art. 19 of Law 6,385/1976. It orders the immediate cessation of the offering to the public residing in Brazil, by the companies and by "all of their partners, officers, administrators and agents," under a daily coercive fine of R$ 100,000.00, and notes that the conduct constitutes, "in theory," the offense set out in art. 27-E of the same law. Published in the Federal Official Gazette on April 16, it took effect that same day. CVM's April 17 notice restates the order and asks anyone who invested or received an offer to contact its Citizen Services Office.

What the project promised

The site nelorecoin.com.br, live since 2022 and archived by the Internet Archive in January and May 2023, presented Nelore Coin as "a binance smart chain (BEP20) token" aimed at livestock, with a feedlot in Brasnorte (MT) "with capacity to confine up to 1,000 head." The 2022 roadmap promised "distribution of 30% of profits to holders every 150 days." The 2023 plan spoke of a daily burn of 25,000 tokens, a "dividend platform" and, among its "legal objectives," "completing registration with CVM." The registration never came. Three years later, the deliberation did. By April 2025 the same address was already serving an online casino page unrelated to the project. As of October 2026, the domain does not respond and nelorecoin.com is up for sale.

With the Receita Federal, NLC Confinamentos S/A is a closely held corporation incorporated in April 2022 in Campinas (SP), with business brokerage as its primary activity. Mineradora NLC Ltda. was incorporated in July 2025 in Diamantino (MT), with extraction of precious metal ores as its activity. Both were listed as active on October 11, 2026.

What the chain shows

The NLC token contract on BNB Smart Chain was created in February 2022, with a maximum supply of 1 billion units. On October 11, 2026, BscScan recorded 4,592 addresses holding a balance and roughly 265,000 transfers. The largest holder is the PancakeSwap liquidity pool itself, with 33% of the supply. The second is an ordinary address, with 15%. The top hundred account for 79%. The price sits at fractions of a US cent, the market capitalization calculated by CoinGecko is US$ 581, and pool liquidity hovers around US$ 5,000. The token is still moving, with approvals and transfers in the days before the query. Whoever bought NLC holds an asset with almost no market to exit into — not a dividend.

What the deliberation supports, and what it does not

It supports the statement that CVM found an unregistered public offering and barred it from continuing, and that non-compliance triggers a fine. It does not say there was fraud, nor that anyone lost money, nor how much was raised. This page records the regulator's warning and what the project itself published, and will go on to record vetted reports, should any come in.

If you invested or received an offer

CVM asks that you get in touch through its Citizen Services Office, with the details of the offering and the identification of the people involved. Keep the receipts for every purchase, the address of the wallet the money left from, and screenshots of the group. File a police report. CyberX's wallet check is free.