PF operation targets group that moved over R$ 39 million using cryptocurrencies

2026-01-24 01:46:14

Source: PortaldoBitcoin Original Title: Federal Police Operation Targets Group That Moved Over R$ 39 Million Using Cryptocurrencies Original Link: Federal Police launched on Wednesday (21) the Narco Azimut Operation, resulting from investigations that emerged from the developments of the Narco Bet Operation and revealed the activities of a criminal organization focused on money laundering through various channels, including intensive use of cryptocurrencies.

According to the Federal Police, the investigated group handled large volumes of resources both in Brazil and abroad, combining cash transportation, high-value bank transfers, and cryptocurrency transactions to hide and disguise the illicit origin of the funds.

The investigations indicate that the scheme involved individuals already mentioned in previous investigations, as well as support from new individuals and companies created or used to give a legal appearance to the financial operations.

According to the investigators, the criminal machinery operated in a coordinated manner, with interstate transportation of valuables, including cash in hand, successive bank transfers, and movements in crypto assets that, together, allowed the circulation of significant amounts without raising immediate alerts. The financial volume identified so far exceeds R$ 39 million, a figure that, according to the Federal Police, may grow as investigations progress.

The courts also ordered the seizure of assets from the suspects, in addition to imposing corporate restrictions. Measures taken include prohibiting business transactions and banning transfers of movable and immovable property acquired with resources allegedly derived from criminal activities. The goal is to prevent asset dissipation while the inquiry is ongoing.

During the execution of the warrants, temporary arrests were made, and vehicles, cash, documents, and equipment that could assist in reconstructing the group’s financial flow were seized. The Federal Police stated that investigations are ongoing and that new measures are not ruled out.

The suspects may face charges such as criminal association, money laundering, and currency evasion.

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