Loading IndicatorLoading Indicator

International Drug Ring Accused of Laundering Money Through Digital Assets Arrested in Brazil

Source
Uk Jin

Summary

  • An international drug trafficking ring accused of using digital assets to launder money has been busted in Brazil.
  • Brazilian police said they arrested nine suspects in an operation targeting an international cocaine trafficking organization and issued detention and search warrants.
  • Investigators believe the group trafficked about 6.5 metric tons of cocaine and laundered criminal proceeds worth billions of reais through the misuse of digital assets.

Forecast Trend Report by Period

Loading IndicatorLoading Indicator
Photo: Shutterstock
Photo: Shutterstock

An international drug trafficking ring accused of using digital assets to launder money has been busted in Brazil.

Cointelegraph reported on July 27 that Brazilian police carried out an operation against an international cocaine trafficking organization on July 23, arresting nine suspects and issuing detention and search warrants.

Brazilian investigators believe the group trafficked about 6.5 metric tons of cocaine and laundered criminal proceeds worth billions of reais through the misuse of digital assets.

#Money Laundering
Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.

What do you think about this news?








PiCK News






Hashtag News