The founder of Braiscompany was arrested in Argentina

ChainCatcher news, according to FinanceFeeds, a couple has been arrested for allegedly orchestrating a crypto Ponzi scheme, Braiscompany, in Argentina and transferring over $400 million in cryptocurrency to Brazil. With the assistance of the Argentine Federal Police and Interpol, the operation successfully located the couple, despite their use of false identities.

The man, known in Argentina as "Joao Felipe Costa," is reported by local media to actually be one of the founders of Braiscompany, Antonio Inacio Da Silva Neto. They are currently detained in Argentina, awaiting extradition to be transferred to Brazil for imprisonment.