PANews reported on April 18 that according to CoinDesk, the Brazilian court sentenced the three main culprits of the Braiscompany crypto scam to a total of 171 years in prison. The mastermind Joel Ferreira de Souza was sentenced to 128 years for illegal operation of financial institutions and money laundering, and the other two involved were sentenced to 27 years and 15 years respectively. The scam defrauded about 20,000 investors and raised $190 million. The court also ordered the confiscation of assets worth about 36 million reais.