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Brazilian central bank service provider C & M suffered a cyber attack, 140 million dollars stolen funds were partially converted into cryptocurrencies
According to crypto detective ZachXBT, the Brazilian central bank service provider C & M Software suffered a cyber attack and lost about $140 million, making it one of the worst cyber security incidents of the year. The attackers converted fiat currencies to Bitcoin, Ethereum and USDT, and operated through Latin American over the counter platforms and exchanges, estimating that at least $3,000-40 million was converted into cryptocurrencies. A Brazilian law enforcement investigation found that th...
2025-07-04 14:57:40
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