Brazil’s Central Bank Probes $140M Crypto Laundering After Hack — TradingView News
In a cyber heist on June 30, hackers stole approximately $140 million (R$800 million) by breaching the reserve account of six Brazilian financial institutions through infrastructure provided by C&M software. The Central Bank of Brazil is actively working to recover the funds after discovering the offender.
Central Bank’s Immediate Action Against the Crime
After discovering the theft and the attacker, the central bank immediately issued a notice for a temporary suspension of C&M Software. By Wednesday, the company resumed limited operations under supervision.
The federal police have opened an investigation at the Cybercrime Repression Department in Brasilia, investigating stolen funds and preventing further laundering in the chain….
