Brazilian Crypto Ponzi Scheme Mastermind Sentenced to Record 128 Years in Prison

A Brazilian court has reportedly sentenced Joel Ferreira de Souza, the lead launderer behind the Braiscompany cryptocurrency Ponzi scheme, to an unprecedented 128 years, 5 months, and 28 days in prison—one of the longest sentences for financial crimes in Brazil’s history. Alongside de Souza, two… Read More
Read more in: Blockchain & Digital Assets, Politics, Legal & Regulation | Tagged braiscompany, brazil, Crypto Adoption, financial crime, momney laundering, ponzi scheme