A group of computer pirates who obtained unauthorized access to the service provider of the Central Bank of Brazil has begun to wash a part of its $ 140 million route using cryptocurrencies, according to the analyst in the Zachxbt chain.
The researcher revealed on Friday that between $ 30 million and $ 40 million of the stolen funds became Bitcoin.
Ether and the USDT of Tether through Latin American free sales and cryptographic exchanges.
The cyber attack on June 30 in the C&M software involved a group of attackers bribing an employee to reveal their corporate credentials. As a result, six financial institutions, including BMP, experienced unauthorized access to their reserve accounts.
The method reflects a recent cyber attack in Crypto Exchange Coinbase (COIN)He said that 69,000 clients were affected after customer service agents bribed to reveal customer information.
Brazil had been previously warming Crypto; Legislators in February proposed a bill to allow investment funds to obtain exposure in digital assets.
Although the attack of the Central Bank of Brazil involved the fiduciary currency, the use of cryptocurrency to hide and wash the funds is an example of the dark truth of the industry when it comes to hacks and scams.
A recent report by Crypto Cerik’s security firm revealed that Crypto investors lost $ 2.5 billion for hacks and scams in the first half of 2025.
