{"id":14274,"date":"2019-05-23T00:00:00","date_gmt":"2019-05-23T00:00:00","guid":{"rendered":"https:\/\/crypto-economy.com\/2019\/05\/23\/brazilian-authorities-shutdown-a-cryptocurrency-crime-cartel-that-stole-over-200-million-from-investors\/"},"modified":"2019-05-23T00:00:00","modified_gmt":"2019-05-23T00:00:00","slug":"brazilian-authorities-shutdown-a-cryptocurrency-crime-cartel-that-stole-over-200-million-from-investors","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/brazilian-authorities-shutdown-a-cryptocurrency-crime-cartel-that-stole-over-200-million-from-investors\/","title":{"rendered":"Brazilian Authorities Shutdown A Cryptocurrency Crime Cartel That Stole Over $200 Million from Investors"},"content":{"rendered":"
An operation dubbed Operation Egypto<\/strong> has been a success and led to the shutting down of a crime cartel operating an unlicensed financial institution in Brazil<\/a>.<\/strong> The latter operation brought together a contingent of authorities from two agencies, the Federal Revenue Agency and Brazilian Federal Police, and now investors can sleep better.<\/p>\n <\/p>\n The above groups had lured over 55,000 investors into investing in crypto and expect a 15% return from their capital. However, the group was running an unregistered entity. From the 55,000 investors, the group made over $200 million.<\/p>\n