Regulation· ★★· neutral·

São Paulo Prosecutor's Office Holds R$47 Million in Seized Crypto

  • —MPSP holds R$47 million in crypto seized since 2024
  • —Prosecutors signed an agreement with Chainalysis for asset tracing
  • —Access to funds is protected by passwords stored within the agency
  • —The matter was discussed at the 32nd Superior Council meeting
Why it matters: The case highlights how authorities increasingly rely on on-chain analytics to seize and custody crypto, shaping enforcement and market dynamics.
Source: Livecoins