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    Home»Web3»Hackers $ 140m Brazil C & M Software Banking Heist Launder Funds with Crypto
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    Hackers $ 140m Brazil C & M Software Banking Heist Launder Funds with Crypto

    PineapplesUpdateBy PineapplesUpdateJuly 5, 2025No Comments2 Mins Read
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    Hackers $ 140m Brazil C & M Software Banking Heist Launder Funds with Crypto
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    A group of hackers has a unauthorized access to the service provider of the Central Bank of Brazil, according to the on-chain analyst Zachxbt, has begun to rob a portion of its $ 140 million using cryptocurrency.

    Researcher revealed Funds stolen between $ 30 million to $ 40 million on Friday converted into bitcoin

    Ether and tedhar’s USDT through Latin American over-the-counter desk and Crypto exchanges.

    JWP-Player PlaceHolder

    30 June Cyber ​​attack The C & M software included a group of attackers, bribing an employee in disclosing his corporate credentials. Six financial institutions, including BMP, resulted in unauthorized access to their reserved accounts.

    The method reflects a recent cyber attack on the Crypto Exchange Coinbase (Coin)In which it was said that 69,000 customers were affected after the customer service agents bribed the customers’ information.

    Brazil was earlier heating up to crypto; MPs in February Proposed a bill To allow investment funds to achieve exposure in digital assets.

    While the attack of the Central Bank of Brazil included Fiat currency, the use of cryptocurrency to hide and rob funds is an example of the dark truth of the industry when it comes to hack and scams.

    A recent report by Crypto Security firm Cartic revealed that Crypto investors hacked the first half of 2025 and damaged $ 2.5 billion for the scam.

    140m banking Brazil crypto funds hackers Heist Launder Software
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