21:40 - 27.07.2026

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July 27, Fineko/abc.az. The Brazilian Federal Police launched a nationwide operation targeting a transnational drug trafficking and money laundering ring. According to investigators, participants in the scheme utilized crypto brokers, shell companies, and luxury goods to conceal up to 1 billion Brazilian reais (approximately $196 million) in illegal proceeds.

This marks another major case in which cryptocurrency infrastructure features prominently in financial crime investigations—serving as a reminder that global regulators are relying increasingly on blockchain analytics to dismantle complex illicit finance networks.