TechFlow news, October 11 — According to Bitcoin.com News, Brazil's Federal Police, in conjunction with the Federal Revenue Service, launched a large-scale operation codenamed "Alcacaria" targeting criminal networks using cryptocurrencies for money laundering. The operation executed 62 search warrants and 13 arrest warrants, and froze bank accounts linked to the involved entities.
The operation primarily targeted financial operators providing money laundering services to nationwide criminal organizations. These groups are suspected of involvement in money laundering, tax evasion, operating illegal financial institutions, and using forged documents. Authorities are also investigating cryptocurrency exchanges that allegedly collaborated with these operators, suspected of supplying digital asset liquidity for money laundering activities. The Federal Police stated that the suspects are believed to have used so-called "crypto cables" to evade taxes and launder money for criminal activities across Brazil.
