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[Brazilian Federal Police Launch Operation Kryptolaundry to Combat Crypto Money Laundering Involving 2.7 Billion Reais] The Brazilian Federal Police recently launched the 'Operation Kryptolaundry' in the Federal District, aimed at cracking down on criminal networks using crypto assets for illegal fundraising and money laundering. The operation executed 24 search warrants and 9 preventive arrests, involving 45 individuals and companies, with a total amount of 2.7 billion reais (approximately $500 million) implicated, of which 404 million reais were identified as illicit gains. The court has ordered the freezing of assets up to 685 million reais and the seizure of properties involved in the case. The subjects of the investigation face charges of financial crimes, money laundering, and organized crime.