Brazil Crypto Seizures Skyrocket 600% to $14 Million in 2025
According to local media, the use of cryptocurrency for illicit purposes has skyrocketed in Brazil, with criminal groups leveraging it for money laundering purposes. The number reached 71 million reais (nearly $14 million) of 505 billion reais ($100 billion) that circulated in Brazil in 2025. Brazil Registers Large Rise In Illegal Cryptocurrency Seizures Brazil, one
News Analysis
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Brazil's illegal cryptocurrency seizures have surged to 600% in 2025, with criminal groups exploiting it for money laundering.