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Brazilian Police Bust Gang Who Used Bitcoin to Launder Millions of Dollars

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Brazil’s Federal Police has recently arrested 12 individuals connected to a gang that allegedly used bitcoin to launder “millions of dollars” earned smuggling drugs into Europe, Asia, and Africa. According to local news outlet Folha de S.Paulo, the gang was busted in an operation dubbed “Antigoon,” in cooperation with the country’s Department of Federal Revenue.

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