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Brazil

Brazilian police seize record $29M in alleged digital currency investment scam
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28 August, 2021

Brazilian police seize record $29M in alleged digital currency investment scam

The $29 million was seized from a BTC consultancy in Rio de Janeiro and the founder arrested, alleging that he...
Brazil’s central bank eyes regulation for digital currencies
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26 August, 2021

Brazil’s central bank eyes regulation for digital currencies

The president of the Brazilian central bank revealed that the bank is looking to regulate digital currencies even as it...
Brazilian police seize $33M in digital currency money laundering probe
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28 July, 2021

Brazilian police seize $33M in digital currency money laundering probe

Brazilian civil police seized R172 million ($33.3 million) from two individuals and 17 legal entities, as part of the Operation...
Brazil’s ‘Bitcoin King’ arrested over alleged $300M embezzlement
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8 July, 2021

Brazil’s ‘Bitcoin King’ arrested over alleged $300M embezzlement

Claudio Oliveira was the president of the Bitcoin Banco Group, a Brazilian digital currency brokerage company that reportedly lost over...
DoJ seizes $24M in digital currency from alleged Brazilian scammer
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6 November, 2020

DoJ seizes $24M in digital currency from alleged Brazilian scammer

Federal authorities said the digital currencies were tied to Marcos Antonio Fagundes, who is facing charges in connection with the...
Brazil readies state-backed digital bank for IPO
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25 October, 2020

Brazil readies state-backed digital bank for IPO

Brazil’s federal government is reportedly in advanced stages of planning the initial offering of shares in the freshly created Caixa...
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