Security· ★★· neutral·

Brazilian police seize two crypto hardware wallets in arms-trafficking operation

  • —Two hardware crypto wallets seized along with laptops, tablets and dozens of phones
  • —The scheme moved more than R$100 million through bank accounts over four years
  • —Seven arrest and 18 search warrants served; five detained, two still at large
  • —Seven vehicles, four luxury watches, jewelry and R$73,700 in cash confiscated
Why it matters: The case highlights how hardware wallets are used to hide assets and sets a precedent for crypto seizures by law enforcement.
Source: Livecoins