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Brazil Police Take Down ‘Crypto-powered Money Laundering Rings’

Brazilian police say they have taken apart two crypto-powered money laundering rings, with suspects arrested in four states across the nation. In an official Federal Police announcement, officers explained that they had...

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Brazil Police Take Down ‘Crypto-powered Money Laundering Rings’
Brazilian police say they have taken apart two crypto-powered money laundering rings, with suspects arrested in four states across the nation.
In an official Federal Police announcement, officers explained that they had “dismantled” two groups they claimed had been active in “international drug trafficking.”
The police have codenamed their swoop Operation Bahamut, and arrested at least 11 people....
Read More: Brazil Police Take Down ‘Crypto-powered Money Laundering Rings’

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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