Brazilian Civil Police Dismantles Crypto Laundering Scheme Employed by Drug Gang

Brazilian Civil Police Dismantles Crypto Laundering Scheme Employed by Drug Gang

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Source: Coindesk.com

The Civil Police of São Paulo, Brazil, dismantled a money laundering scheme managed by the drug gang First Capital Command (PCC) that operated a company operating as a crypto exchange, the police said on X (formerly Twitter) on Tuesday.

The company conducted transactions worth approximately 500 million reais ($89 million), according to a CNN report. During the

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Source: Coindesk.com

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