PANews reported on September 26th that the Brazilian Federal Police recently launched "Lusocoin," targeting a criminal organization involved in money laundering and capital flight through cryptocurrency. The police conducted 13 searches and 11 provisional arrests, froze approximately 30 cryptocurrency wallets and 65 accounts, and seized six vehicles and six properties, resulting in over 3 billion reais in assets. The ring, primarily operating remotely from Dubai, is involved in a 50 billion reais operation involving drugs, smuggling, and terrorist financing. The operation, with the assistance of platforms such as T3 FCU and Binance, has resulted in the freezing of 4.337 million USDT.