Brazilian Crypto Ponzi Scheme Operators Sentenced to Over 128 Years

A significant crackdown on crypto fraud has taken place in Brazil as operators of the Braiscompany scheme were sentenced to a total of over 128 years. The sentencing comes after this scam defrauded over 20,000 investors out of millions. The mastermind behind the operation, Joel Ferreira de Souza, was handed down a staggering 128-year sentence for his role in the fraudulent investment scheme.