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Money laundering and cryptocurrencies: Brazilian police dismantle a $1 billion criminal network

On 2 September, the Brazilian Federal Police launched a major operation to dismantle a criminal network on money laundering, commodity trafficking, and tax evasion. Search and seizure warrants have been executed in several cities, including Araçatuba and São Paulo, as explained in the official press release. Law enforcement officials seized luxury cars, firearms, drones, and […]

World Liberty Financial freezes Justin Sun’s wallet – billions of tokens blocked

The Trump family-backed project World Liberty Financial (WLFI) has blacklisted Tron founder Justin Sun’s wallet. This blocks approximately 540 million unlocked WLFI tokens and another 2.4 billion locked tokens, a total value of over $100 million. Sun had invested approximately $30 million in WLFI at the end of 2024 and received nearly three billion tokens. […]

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