In a recent crackdown, Brazilian police in São Paulo successfully dismantled a cryptocurrency money laundering scheme operated by the PCC drug gang. According to local media reports, the criminal organization used a fake cryptocurrency exchange company to transfer illegal funds, with a total transaction value of approximately 500 million reais (around $89 million). In a large-scale raid operation, police seized a check worth 55 million reais (around $8.9 million) at the company's headquarters. The operation resulted in the execution of 20 arrest warrants and 60 search and seizure orders. Brazilian courts also froze the assets of the involved individuals, valued at over 8 billion reais (around $1.427 billion). It is known that PCC is one of the largest gangs in Latin America, with around 40,000 members and about 60,000 contract workers.