Operation Commodity: Brazilian Police Smash $196 Million Cocaine and Crypto Laundering Ring
July 27, 2026
The group, which is linked to cocaine shipments in excess of 6.5 tons to Europe through the port of Rio de Janeiro, used bags of coffee and cement to disguise the drugs. The money obtained through these sales was laundered using shell companies, including luxury car dealerships and cryptocurrency.
Key Takeaways
Brazil dismantled a trafficking ring that shipped over 6.5 tons of cocaine to Europe…