Brazilian Police Accidentally Discover Money Laundering Bitcoin Mining Farm

A report published in local Brazilian news outlet Zero Hora has revealed that Brazilian police have made an arrest in connection with a suspected crypto money laundering scheme.

The report, which was published on April 23, claims that the State Department of Drug Trafficking (Denarc) in Porto Alegre, Rio Grande do Sul came upon a house where cryptocurrencies were being mined as they were on the trail of a suspected drug trafficker.

Given that Bitcoin mining isn’t particularly popular in the region, the police went into the house, and a cursory search revealed 25 solitary Bitcoin mining rigs, which ran round the clock and were powered by “sophisticated” software and hardware, all estimated to be worth about R$ 250,000 (about $63,000).


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