Security· ★★· neutral·

Brazil's Supreme Court denies release of suspect held with Trezor crypto wallet

  • —Justice Alexandre de Moraes kept the suspect in custody in a fuel-adulteration case in Bahia
  • —The scheme moved R$ 34 million through shell companies over six months
  • —A court authorized the seizure and freezing of more than R$ 6.5 billion in assets
  • —The seized Trezor wallet was cited in the ruling as evidence of sophisticated money laundering
Why it matters: The case highlights how Brazilian authorities treat seized crypto hardware as evidence in money-laundering prosecutions.
Source: Livecoins