🚨Brazilian police smash cryptocurrency money laundering scheme! 🚨
Police in Sao Paulo, Brazil, successfully cracked a money laundering scheme managed by the drug gang First Capital Command (FCC), which operated through a company disguised as a cryptocurrency exchange. According to CNN, the company's transactions amounted to 500 million reais (about 89 million US dollars), and the police seized checks worth 55 million reais (about 8.9 million US dollars) during the raid. The court also froze more than 8 billion reais (about 1.427 billion US dollars) of assets of those involved in the case.
What do you think of the role of cryptocurrency in fighting crime? See you in the comments! 💬#Blockchain#Cryptocurrency#MoneyLaundering#Brazil #FCC