Brazilian Federal Police arrested nine people suspected of belonging to an international cartel that trafficked approximately 6.5 metric tons of cocaine and laundered billions of reais through crypto-enabled illicit money brokers. The investigation involved the execution of 13 pretrial detention warrants and 44 search-and-seizure warrants across the states of Sao Paulo, Minas Gerais, Santa Catarina and Espírito Santo. Court orders were obtained to freeze up to 1 billion reais ($197 million) in assets. The suspects face charges including participation in a transnational criminal organization, international drug trafficking and money laundering.
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