Brazil police arrest six in crypto money-laundering probe in Parana
- —Six arrested and 16 search and seizure warrants served
- —Gang moved over 5 million reais from stolen cables and drug sales
- —Court froze up to 471,240 reais per suspect
- —Funds were routed to operators in other states and crypto exchanges
Why it matters: The case shows Brazilian authorities tracing crypto channels used for laundering and freezing suspects' accounts.
Source: Livecoins
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