Brazilian police freeze $2 billion in assets to cooperate with US sanctions on suspected money laundering groups

According to Bloomberg, Brazilian federal police have executed 11 temporary arrest warrants and 13 search and seizure operations in S ã o Paulo, targeting two individuals sanctioned by the US Treasury Department. The court froze approximately $2 billion in assets, funds, and cryptocurrencies of the individuals involved in the case. Stella Stefanie Nunes Henrique de Oliveira, who has been sanctioned, has been arrested, while Victor Henrique de Oliveira Shimada is still at large.