July 5, 2025
Hackers Behind $ 140m Brazil Banking Heist Turn to Crypto to Launder Their Loot thumbnail
Business

Hackers Behind $ 140m Brazil Banking Heist Turn to Crypto to Launder Their Loot

Zachxbt Estimates that Between $ 30 Million and $ 40 Million Has Been Swaped to Crypto Through OTC Desks and Exchanges.”, – WRITE: www.coindesk.com

Hackers Behind $ 140m Brazil Banking Heist Turn to Crypto to Launder Their LootZachxbt Estimates that Between $ 30 Million and $ 40 Million Has Been Swaped to Crypto Through OTC Desks and Exchanges. Jul 4, 2025, 3:08 pm

A Group of Hackers That Gained Unauthorized Access to The Central Bank of Brazil’s Service Provider Has Started Launding A PORTION OF ITS Zachxbt.

The RESEARCHER REVELED ON FRIDAY THAT BETWEEN $ 30 Million and $ 40 Million of the Stolen Funds Was Converged to Bitcoin

Ether

And Tether’s USDT Through Latin American Over-The-Counter Desks and Crypto Exchanges.

JWP-Player-Placeholder

The June 30 Cyberattack On C & M Software Involved A Group of Attackers Bribing An Employee Into Revealing Their Corporate Credentials. Six Financial Institutions Including BMP Experienced Unauthorized Access to Their Reserve Accounts As A Result.

The Method Mirrors a recent Cyberattack on Crypto Exchange Coinbase (Coin), Wich Said That 69,000 Customers Were Affected After Customer Service Agents Were Bribed.

Brazil Had Previoously Been Warming up to Crypto; Lawmakers in February Proped A Bill To Avorto Investment Funds to Gain Exposure in Digital Assets.

While the Central Bank of Brazil Atvolved Fiat Currency, The Use of Cryptocurrency to Conceal and Launder The Funds is an example of the Industry and Dark Truth.

A recent report by Crypto Security FIRM CERTIK REVEALED THAT CRYPTO INVESTORS LOST $ 2.5 Billion to Hacks and Scams in the First Half of 2025.

Oliver Knight

Oliver Knight is the Co-LEADER OF COINDESK DATA TOKENS AND DATA TEAM. Before joining coindesk in 2022 Oliver Spen Three Years As the Chief Reporter at Coin Riveet. He First Started Investing in Bitcoin in 2013 and Spen A Period of His Career Working at A Market Making Firm in the UK. He does not currently have any crypto holdings.

X Icon

Oliver Knight

Related posts

The Court supported the IRS right to access the Cryptoplatform data

unian ua

NY BankRuptcy Judge Gives Celsius The Green Light to Pursue $ 4.3b Lawsuit Against Tether

unian ua

Solana Treasury Firm Expands Sol Holdings and Staking Strategy with $ 2.7m Purchase

unian ua

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More