Brazil has launched a nationwide operation targeting an alleged transnational drug trafficking and money laundering network that investigators say used crypto brokers, shell companies and luxury assets to conceal up to R$1 billion in illicit proceeds.
Summary
- Brazil has launched a nationwide operation targeting an alleged drug trafficking and money laundering network that investigators say used crypto brokers.
- Authorities froze up to R$1 billion in assets while carrying out arrests and searches across four Brazilian states.
- Investigators allege the group shipped about 6.5 tons of cocaine to Europe since 2021 using concealed cargo methods.
- The Federal Police said the network…
