Express
Brazilian Federal Police Launch 'Operation Kryptolaundry' Targeting Crypto Money Laundering, Funds Involved Exceed 2.7 Billion Reais
Summary: According to reports, the Brazilian Federal Police recently launched 'Operation Kryptolaundry' in the federal district to combat criminal networks involved in illegal fundraising and money laundering through cryptocurrency assets. The operation included 24 search warrants and 9 preventive arrests, targeting 45 individuals and businesses, with funds involved totaling 2.7 billion Reais (approximately 500 million USD), ...
According to reports, the Brazilian Federal Police recently launched 'Operation Kryptolaundry' in the federal district to combat criminal networks involved in illegal fundraising and money laundering through cryptocurrency assets. The operation included 24 search warrants and 9 preventive arrests, targeting 45 individuals and businesses, with funds involved totaling 2.7 billion Reais (approximately 500 million USD), of which 404 million were identified as illicit gains.
The court has ordered the freezing of up to 685 million Reais in assets and the seizure of properties involved in the case. The subjects under investigation may face charges related to financial crimes, money laundering, and organized crime.
Tags:
Link: Brazilian Federal Police Launch 'Operation Kryptolaundry' Targeting Crypto Money Laundering, Funds Involved Exceed 2.7 Billion Reais [Copy]
