OFAC imposed blocking sanctions on two individuals (both in Brazil) and four entities (three in Brazil and one in Portugal) under its counter-narcotics and counter-terrorism sanctions program for laundering drug proceeds on behalf of Primeiro Comando da Capital (PCC), Latin America's largest transnational criminal organization. The designations target São Paulo-based Victor Henrique de Oliveira Shimada, who laundered over $30 million in U.S.-generated drug proceeds using cryptocurrency to move funds to Brazil, along with his close associate Stella Stefanie Nunes Henrique de Oliveira, and his corporate network, Victory Trading, Pixwave, and Wave (all Brazil-based financial/construction firms) and Avenidas Flutuantes (a Portugal-based transportation and storage company) — used to receive and launder illicit funds while evading detection.