September 19, 2024

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Operation Niflheim: Brazilian Authorities Crack Down on $9.7 Billion Crypto Money Laundering Rings

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Operation Niflheim: Brazilian Authorities Crack Down on .7 Billion Crypto Money Laundering Rings
Operation Niflheim: Brazilian Authorities Crack Down on .7 Billion Crypto Money Laundering RingsThe Brazilian Federal Police dismantled an operation that used crypto to launder money from criminal sources, sending it abroad. Operation Niflheim involved the issuance of eight arrest warrants and 19 search and seizure orders against these groups that operated in Caxias do Sul, Sao Paulo, Fortaleza, and Brasilia. The criminals laundered over $9 billion since […]