Brazil’s Central Bank Probes $140M Crypto Laundering After Hack

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The post Brazil’s Central Bank Probes $140M Crypto Laundering After Hack appeared first on Coinpedia Fintech 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 ...