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Reuters
Reuters
Technology

Brazil police raids gang allegedly using crypto to launder illegal gold mining

FILE PHOTO: Representations of cryptocurrency Bitcoin, Ethereum and Dash plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/Illustration

Brazil's federal police on Thursday carried out an operation against an alleged criminal gang that it said used crypto tokens to launder money made from illegal gold mining.

Police arrested five people and served 60 search and seizure warrants in the operation.

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