Key Takeaways Brazil’s police launched Operation Exchange, disrupting a PCC ring that laundered $2B via crypto. An uncoordinated U.S. OFAC designation leaked the raid, letting a key laundering suspect escape. Authorities executed 24 warrants in Sao Paulo, capturing one suspect linked to the Florida pipeline. Brazil Terminates PCC-Linked Crypto Money Laundering Ring The Brazilian Federal Police launched Operation Exchange on Friday, targeting a high-profile criminal organization linked to the Brazilian Specially Designated Global Terrorist (SDGT) Primeiro Comando da Capital (PCC), which used cryptocurrency and cash to launder illicit funds and transfer them from Florida to Brazil. The operation, which involved …
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Another analyst, though, said that no one really cares about the OG meme coin at the moment. Meme coin momentum has far evaporated from …
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