An investigation by the Brazilian Federal Police, U.S. Homeland Security Investigations (HSI) and multiple law enforcement partners led to the disruption of a transnational cryptocurrency fraud ring …
Bolsonaro speeds up payments to the poor as election looms
Brazil’s government has announced plans to speed up the welfare payments to the needy this month as a second-round election is coming up. President Jair Bolsonaro will face leftwing rival Luiz Inacio …
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Brazil’s Securities Market Regulator Targets Mercado Bitcoin over Token Sale
The Brazilian Securities and Exchange Commission (CVM), the securities market regulator in Brazil, has ordered Mercado Bitcoin, the largest cryptocurrency exchange in Brazil, to provide information on …
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Brazilian Federal Police Launch Operation Colossus, 6 Cryptocurrency Exchanges Involved
The Brazilian Federal Police and the Brazilian tax authority have launched the final stage of “Operation Colossus,” a movement that has executed hundreds of court orders against cryptocurrency …
Brazilian SEC is looking to change crypto regulation with new bill
According to reports, the Brazilian Securities and Exchange Commission is looking to switch up the country’s legal framework for cryptocurrencies. The main concern is that the bill in question does …
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BlueBenx fires employees, halts funds withdrawal citing $32M hack
BlueBenx, a Brazilian crypto lending platform, reportedly blocked all of its 22,000 users from withdrawing their funds following an alleged hack that drained $32 million (or 160 million Brazilian …
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German diplomat arrested in Brazil for alleged murder of husband
German Consul Uwe Herbert Hahn is currently being held in custody under orders from a Brazilian Judge due to claims that Hahn murdered his husband in Rio de Janeiro. The orders deny defense claims of …
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Brazil’s Nubank amasses 1 million crypto customers in less than a month
According to security researchers, Brazilian challenger bank Nubank has hit a milestone of 1 million cryptocurrency customers in Brazil less than a month after launching its crypto offering for the …
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Brazil could face ‘more severe’ election unrest than the US Capitol riot, official warns
A senior elections official has warned that Brazil faces possibly dangerous unrest during the country’s presidential vote. The Superior Electoral Court Minister Edson Fachin said there is a risk of …
Brazilian authorities crack down on piracy in the metaverse
This week, Brazil's Ministry of Justice and Public Security announced that it conducted its first search within the metaverse with the goal of tackling digital piracy and other related crimes …
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