Brazil's Federal Police (PF) launched the 'Fluxo Oculto (Hidden Money Flow)' operation to investigate an underground financial network linked to tax fraud in the fuel industry. The investigation revealed that the group involved transferred over 26 billion Brazilian reais (approximately $4.6 billion) in the past four years, including around 365 million reais (about $65 million) in cryptocurrency transactions. Authorities have executed 59 search warrants across five states, including São Paulo and Rio de Janeiro, and are investigating six fintech companies suspected of acting as 'underground banks.' (Livecoins) https://(wublock123.com)/news/brazil-police-probe-secret-funding-flow-crypto-6500m-61894