A Brazilian Federal Court has delivered a historic verdict in the Braiscompany crypto Ponzi scheme case, sentencing three key players to over 170 years in prison. This marks a record for cryptocurrency crime penalties within the country. Joel Ferreira de Souza, the mastermind behind the operation, received a sentence of 128 years for running an unauthorized financial institution and money laundering activities. Gesana Rayane Silva, the marketing director, was given a 27-year sentence for her role in money laundering and false advertising, while Victor Veronez, the technical director, faced a 15-year sentence for falsifying transaction records. The scheme promised investors an annual return of 20%, enticed over 20,000 participants with a tiered commission system, leading to losses totaling approximately $190 million (one billion reais).