Brazil strikes hard! 💥

According to Odaily Planet Daily, the Brazilian Federal Police recently launched an operation called Alcacaría, aimed at combating institutions that use cryptocurrencies for financial crimes. The operation was carried out in conjunction with the Federal Tax Service and targets financial operators who provide money laundering services to criminal organizations across the country.

These unnamed organizations are under investigation for suspected money laundering, tax evasion, illegal financial institution operations, and the use of false documents. At the same time, the police are also tracking exchanges that work with these operators, which provide digital asset liquidity for money laundering activities.

Despite the market turmoil, remain optimistic about Bitcoin! 🚀