Brazil police uncover mining farm tied to Comando Vermelho gang
- —Rio police found 30 high-performance computers at a mining farm in the Linz complex
- —Authorities are investigating illegal electricity connections at the site
- —Brazil's tax agency estimated six fintechs' turnover at 26 billion reais for 2022–2025
- —Chainalysis says illegal flows from drug gangs and laundering networks exceeded 50% on some platforms
Why it matters: The probe highlights how mining and fintech infrastructure are used by organized crime to launder money, adding pressure on crypto regulation across Latin America.
Source: TokenPost