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IPFS News Link • Brazil

Brazil's crowdfunded insurrection leaves paper trail for police as the app used by-


Brazilian authorities are looking into Pix,  government-operated payments system, that was used to fund the January 8th insurrection

The banking app was launched by Brazil's central back in 2020 and allows customers to transfer money instantly free of charge

Samuel Faria, a resident from the southern state of São Paulo, recorded himself from the Senate president's chair claiming to have received money through Pix

At least $3 trillion was transferred via Pix in 2022, according to the central bank. 

More than 133 million users and close to 12 million businesses utilize Pix for bank transfers