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A criminal group in Brazil with 14 members used BTC to launder 95 million USD and has been sentenced by the court to imprisonment ranging from 10 to 21 years.
The Federal Court of Brazil sentenced 14 individuals to prison for using Bitcoin to launder over $95 million from drug trafficking and kidnapping profits. The mastermind was sentenced to 21 years, while others received sentences ranging from 10 to 17 years. The criminal organization has been operating since 2019, concealing the flow of funds through false identities and shell companies.
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