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Brazil Police Arrest Drug Ring, Freeze $196 Million in Crypto-Laundering Case

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2026-07-27 04:36:09
Brazil’s federal police arrested a drug trafficking ring accused of laundering money through cryptocurrency and seized and froze $196 million in assets. According to NS3.AI, the group is suspected of smuggling more than 6.5 tons of cocaine to Europe through Rio de Janeiro’s port since 2021.
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