Brazil’s Central Bank hack spills into crypto as $40m laundered via Bitcoin, Ethereum, and stablecoins – DL News
- Hackers stole $140 million from Brazil’s Central Bank service provider.
- Around $40 million was laundered into Bitcoin, Ethereum, and stablecoins.
- The insider who sold access reportedly earned less than $5,000.
A cyberattack targeting a key infrastructure provider for Brazil’s Central Bank has spilled over into the crypto market, with an estimated $40 million in stolen funds converted to Bitcoin, Ethereum, and stablecoins, according to blockchain investigator ZachXBT.
The hack was one of Brazil’s largest financial cyberattacks to date. It compromised C&M Software, a technology firm that connects smaller banks and fintechs to central bank systems, including PIX, the country’s real-time payments platform.
Authorities say hackers gained…
