CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
CoinOtag 2025-12-02 20:57:28

Brazil Court Sentences 14 for $95M Drug Laundering Scheme Involving Bitcoin

In a landmark ruling, a federal court in Brazil sentenced 14 individuals to prison for laundering over 508 million reais ($95 million) using shell companies and cryptocurrencies like Bitcoin, derived from drug trafficking and violent crimes. The operation, known as Terra Fértil, exposed a multi-state network that disguised illicit funds through fake businesses and digital [...]

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.