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A sophisticated cyber attack on C&M software, provider of technology for the Brazilian central bank, caused a wave of crypto washing, while the stolen funds were at least $ 40 million to Bitcoins, Ethereum and Stablecoins.
Key with you:
- Hackers stole Brazilian banks of nearly $ 148 million by breaking C&M software systems.
- According to Zacxbt, at least $ 40 million was blocked to Bitcoins, Ethereum and Stablecoins.
- The authorities have stiffened $ 50 million associated with the hack, but most of the stolen crypt crypts remain missing.
Investigator blockchain zacxbt indicated the washing After watching large amounts moving through Latin American partitions and replacement.
The attack stands as one of the The most important financial violation of Brazil To date.
Hackers focus on C&M, key link to Brazil’s payment network
Hack focused on the C&M, a key intermediary connecting smaller banks and fintechs with the central bank infrastructure, including PIX, a widely used instant pay in the country.
According to Brazilian authorities, hackers Used credentials sold by João Nazareno Roque48 -year -old IT worker in C&M, who received the equivalent of $ 2,770 for his company login information.
Local news outlet G1 Globo announced that Roque had not sold its login data; He also helped to create the stealing system and counted another payment of about $ 1,800.
Using this approach inside the hackers, they organized a coordinated attack at the beginning of June 30 and siphone approximately 800 million Reais or nearly $ 148 million from the reserve accounts of six financial institutions.
Fraud transfers were not almost two and a half hours. The violation only became clear when the BMP, one of the affected institutions, marked suspicious transactions.
BMP CEO, Carlos Benitez, said his bank lost about $ 73.8 million, but managed to get about $ 29.5 million back.
Since then, the Brazilian court has been frozen by the suspect of receiving stolen funds and has so far gained approximately $ 50 million.
However, the full range of washing remains investigated, while significant amounts are still unquestionable.
After the incident, the central bank suspended parts of the C&M access to its systems because the authorities were working to reduce damage.
Roque was arrested on July 3, two days after the hack, and remains in custody as the investigation continues.
Officials stated that no retail customers suffered direct losses because the stolen funds were limited to institutional reserve balances organized at the central bank.
Crypto nets appear as an escape route for crimes
The last violation underlines the growing concerns about the role of crypt as a pipe for conventional financial crimes.
Digital assets offer liquidity and level of pseudonymity that traditional cash transactions cannot correspond, allowing the rapid movement of illicit funds on a scale.
Especially Stablecoins pointed out criminal networks.
Working Group Financial Event recently warned that Stablecoins They represent growing risks when they use illicit groups, especially if there are no coordinated global supervision.
Recent robbery in Brazil reflects a series of high -profile theft of crypto -clerk this year, including A record hack $ 1.46 billion in North Korea and the Chinese authorities Disassembling a ring for washing $ 136 million This used digital currencies for cross -border flow flows.
However, Brazilian officials are now working on tracking stolen funds across different blockchain networks, coordinating with international agencies to freeze assets and identify those who are responsible for one of the greatest financial cyber attacks in the country.
Contribution Brazil’s Central Bank Hack sparks crypto washing in BTC, ETH, ETH He appeared for the first time Cryptonews.
