U.S. Seizes $24 Million of Virtual Currency Pursuant to Brazil MLAT

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Saturday, November 14, 2020
Author: 
Bruce Zagaris
Volume: 
36
Issue: 
11
Abstract: 

On November 4, 2020, the U.S. Department of Justice revealed it has seized virtual currency worth an estimated $24 million on behalf of the Brazilian government.[1]



[1]    U.S. Department of Justice, U.S. Seizes Virtual Currencies Valued at $24 Million Assisting Brazil in Major Internet Fraud Investigation, Press Rel. No. 20-1201, Nov. 4, 2020.