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Brazil freezes $2 billion in assets after US sanctions target PCC money laundering network

Brazilian Federal Police recently seized assets worth roughly $2 billion in a drug trafficking and money laundering investigation.  Days before this seizure, the U.S. Treasury imposed sanctions against two Brazilian nationals and four companies tied to Primeiro Comando da Capital, one of Latin America’s largest criminal organizations. Brazil’s crackdown on crypto crime continues  Brazilian Federal...

Brazil freezes $2 billion in assets after US sanctions target PCC money laundering network