🔥 $500 MILLION SEIZED: Brazil Took Down the 'Bitcoin Pharaoh' Network😎
🇧🇷 The Federal Police of Brazil conducted a large-scale operation called Kryptolaundry, aimed at combating money laundering schemes through cryptocurrencies.
🤔What Happened👇
● 24 searches were conducted in several states of the country
● 45 individuals were arrested
● Assets worth ~$500 million were confiscated (cash, real estate, cars, accounts)
● Companies and financial instruments involved in money laundering were frozen
Who is this Pharaoh?🙁
🧠 The network is linked to Glaidson Acácio dos Santos, known as the 'Bitcoin Pharaoh'
🏛️ He is a former head of G.A.S. Consultoria, one of the largest crypto pyramids in Brazil
⛓️ Sentenced to 19 years in prison for financial crimes and fraud
💬The guy was on his way to success, unfortunately just not on the right path 😁🤷♂️
#CryptoNews #Brazil #criminals #news $ZEC $GIGGLE $SOL
