Brazil police freeze crypto assets of suspects in $2M cattle theft case
- —A court authorized freezing bank accounts and crypto assets of six suspects
- —Records listed 4,793 cattle under the farmer's name; an on-site count found only 2,405
- —Authorities seized 400 cattle, a Toyota Hilux pickup and a rural property
- —The main suspect is a former manager who ran the farms from 2016 to 2025
Why it matters: The case highlights how Brazilian authorities increasingly seize crypto assets in fraud and money-laundering investigations.
Source: Livecoins