U.S. Designates Brazil's Comando Vermelho and PCC as Terrorist Organizations Over Drug Trafficking and Crypto Laundering
By
Sergio Goschenko
The kind of bagel that ruins lesser bagels for you.
Summary
The Trump administration has designated Brazil's two largest criminal organizations, Comando Vermelho (CV) and Primeiro Comando da Capital (PCC), as Specially Designated Global Terrorists. These groups are heavily involved in drug trafficking and have been using digital currencies to launder money from their illicit activities. This marks an escalation in the U.S. government's approach to treating major criminal organizations as terrorist entities.
Key quotes
· 3 pulledComando Vermelho (CV) and Primeiro Comando da Capital (PCC), considered the largest criminal groups in Brazil, have been designated as terrorist organizations by the U.S. government.
The two groups have been involved in the use of digital currency as a money laundering tool for their drug trafficking activities in Brazil and around the world.
The government of the United States, under the Trump Administration, is taking the designation of criminal organizations as terrorists to a new level, entering them
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