Brazil Freezes $2B Assets Including Crypto in PCC Sanctions
2026-07-03 20:36

Woofun AI reports that the Brazilian Federal Police executed enforcement actions across São Paulo to implement U.S. Treasury sanctions against the Primeiro Comando da Capital (PCC). Authorities executed 11 arrest warrants and 13 search orders, freezing 10.4 billion reais ($2 billion) in funds, physical assets, and cryptocurrencies linked to the accused. Suspect Stella Stefanie Nunes Henrique de Oliveira was arrested, while Victor Henrique de Oliveira Shimada remains at large. U.S. authorities allege the pair established multi-layered financial channels using cryptocurrency transfers, cash movements, and public or private account transactions to launder illicit proceeds. The suspects face charges including conspiracy, money laundering, and illegal cross-border fund transfers.

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Stella Stefanie Nunes Henrique de Oliveira
Victor Henrique de Oliveira Shimada
Odaily
Bloomberg
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