US, Brazilian law enforcement seize $24 million in cryptocurrency generated through online fraud

US and Brazilian authorities have seized $24 million in cryptocurrency connected to an online scheme that allegedly defrauded “tens of thousands” of investors.

Upon request from the government of Brazil, US law enforcement participated in “Operation Egypto,” a Brazilian federal investigation into the suspected scam, the US Department of Justice (DoJ) said on Wednesday.

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Source: ZDNet