According to BlockBeats, on October 11, according to News.Bitcoin, the Brazilian Federal Police launched Operation Alcacarria on Wednesday to crack down on networks that focus on using cryptocurrencies to provide money laundering services. The operation involved 62 search warrants, 13 arrest warrants, and the seizure of funds in banks from entities involved. The operation was jointly carried out by the Brazilian police and the Federal Tax Service. The anonymous organization targeted by the police is being investigated for its involvement in money laundering, tax evasion, the operation of illegal financial institutions, and the use of false documents. In addition, the police are tracking and investigating trading platforms that cooperate with these operators, which provide digital asset liquidity for their money laundering activities. However, the public list has not yet been released.
Last month, Brazil also executed Operation Niflheim, a high-level crackdown on three organizations that used cryptocurrencies to launder nearly $10 billion, with the funds being transferred to countries such as the United States and the United Arab Emirates (UAE). Operation Alcacariya became one of three major operations targeting cryptocurrency money laundering in Brazil in less than a month.