Brazilian authorities launched Operation Hidden Flow, targeting addresses in São Paulo's Faria Lima financial district as part of a broader crackdown on tax evasion and money laundering by organized crime groups. The operation is connected to Hidden Carbon, the largest investigation on record examining ties between capital markets and organized crime.

# Translation to English The six fintechs investigated in Operation Hidden Flow, launched this Thursday morning (28), moved together R$ 26 billion in atypical transactions, according to the special secretary of the Federal Revenue Service, Robinson Sakiyama Barreirinhas. The operation was a joint action by the São Paulo Public Ministry and the Federal Revenue Service. The investigation targeted money laundering carried out by the First Capital Command (PCC) through fintechs.