[Brazilian Court Convicts 14 People for Laundering $95 Million in Drug and Kidnapping Ransom Proceeds Using Bitcoin] Foresight News reports, according to DL News, the Brazilian Federal Court has convicted 14 individuals for laundering $95 million in drug and kidnapping ransom proceeds using Bitcoin. Two main perpetrators were sentenced to over 21 years in prison, while the remaining 12 received sentences ranging from 10 to 17 years. Prosecutors stated that the group operated from 2019 to 2024 in Minas Gerais and Paraná, transferring proceeds from cross-border drug trafficking and violent crimes through Bitcoin and various cryptocurrencies, including ransom payments from a kidnapping case in Rio.