A Brazilian court has sentenced three executives behind the collapsed crypto scheme Braiscompany to a combined 171 years in prison, concluding one of the country’s largest crypto fraud cases to date.Federal Judge Vinicius Costa Vidor found Joel Ferreira de Souza, the scheme’s alleged mastermind, guilty of operating an unlicensed financial institution and laundering millions through shell companies and unregulated crypto wallets, according to local media.De Souza received the steepest sentence: 128 years behind bars. Two others—Gesana Rayane Silva and Victor Veronez—received 27 and 15 years, respectively, for their roles in managing cash and acting as intermediaries in the scheme
source: https://www.coindesk.com/policy/2025/04/18/leaders-of-usd190m-brazilian-crypto-ponzi-scheme-sentenced-to-over-170-years-in-prison