Operation Veil of Maya: Brazilian Police Dismantle Massive Illegal Betting and Crypto Money Laundering Ring

With information from the Ministry of Finance and the Prizes and Betting Secretariat (SPA), the Police executed nine search warrants in São Paulo, Ribeirão Preto, Porto Alegre, and Canoas, targeting 87 companies suspected of facilitating money laundering in betting operations. Brazilian Police Target Cryptocurrency Usage in Illegal Betting Operations Brazil is increasing its oversight over […]