Brazilian police have dismantled a massive international drug ring responsible for trafficking six and a half tons of cocaine and laundering billions in cash—using crypto-enabled money brokers to hide their tracks. Nine suspects were arrested, and assets worth nearly $200 million were seized across multiple states. The group allegedly masked profits through shell companies, luxury items, and real estate. Charges include transnational drug trafficking and money laundering. This bust follows U.S. sanctions on crypto addresses tied to the Sinaloa Cartel, underscoring the global fight against criminals exploiting digital finance.
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