#Crypto Brokers

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#Crypto Brokers

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Brazilian Police Bust Alleged Crypto-Linked Drug Money Laundering Network in R$1B Raid

Brazilian Police Bust Alleged Crypto-Linked Drug Money Laundering Network in R$1B Raid

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Brazilian Federal Police have raided an alleged transnational drug and money laundering network said to have moved 6.5 tons of cocaine and hidden up to R$1 billion through shell firms, luxury assets, real estate and crypto brokers. The case shows crypto is a tool for criminals — not the whole crime.

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