Wu Blockchain has learned that on December 9, the Brazilian Federal Police (Polícia Federal) issued an announcement stating that they have launched an enforcement operation codenamed 'Kryptolaundry' to crack down on illegal fundraising and money laundering activities conducted through crypto assets. Investigations revealed that the criminal group involved had a total fund flow exceeding 2.7 billion reais (approximately $500 million), of which 404 million reais (approximately $75 million) were identified as illegal funds. The police have executed 24 search warrants, approved preventive detention for 9 individuals, and frozen assets worth up to 685 million reais (approximately $130 million). https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=53543