Police of Brazil’s Federal District launched Operation Rastro to crack down on a major case involving fraud via the PIX instant payment system and crypto money laundering. According to investigators, the criminal gang exploited vulnerabilities in a national credit union’s system to conduct 425 fraudulent PIX transactions, causing losses exceeding 5.5 million reals (around USD 1.06 million). Part of the illicit funds were converted into exchange balances on domestic and overseas crypto platforms to obscure capital trails. Officers carried out seven search warrants, seized devices, documents and crypto wallets, and froze funds held in relevant bank accounts.