The Brazilian Federal Police conducted simultaneous raids on 6 unnamed cryptocurrency exchanges as part of the tax evasion and money laundering investigation.
According to the Brazilian federal police report, 6 different cryptocurrency exchanges were raided, which are believed to be involved in tax evasion, drug trafficking and money laundering. Operation Colossus raids carried out in the name of Sao Pauloissued by a criminal court in 101 arrest warrants It is planned to continue until fulfilled. 130 local police and 28 Federal Agents participating in the operation 37 searches and seizures It is known that the order is included.
The crimes in question investigated by federal police 2017-2021 years It was claimed that it was committed between the two and still continues. On the other hand, the Brazilian Federal Police belongs to the unnamed exchanges. $238 million reported to freeze assets. In addition to this confiscated asset, operating in Brazil 28 cryptocurrency exchanges affecting and undisclosed amounts of crypto assets was also reported to have been confiscated.