
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 moved billions in his BTC pyramid scheme.
The $29 million was seized from a BTC consultancy in Rio de Janeiro and the founder arrested, alleging that he moved billions in his BTC pyramid scheme.
Police in Rio de Janeiro recently uncovered a major money-laundering scheme involving state officials who reportedly acquired $22.4 million—some of which had already been converted to BTC.