$180 Million Hack Hits Brazilian Banking System, Attackers Launder Funds via Crypto
Published at：2025年07月03日 18:27
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Brazil faces potentially its largest banking system breach on record, with attackers stealing $180 million and laundering the funds through cryptocurrency channels, according to local reports. The perpetrators utilized stablecoins (USDT) and Bitcoin, cashing out via crypto exchanges while exploiting Brazil's Pix instant payment network. This sophisticated operation marks a significant security failure in the nation's financial infrastructure, raising concerns about cryptocurrency's role in facilitating large-scale financial crimes.
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Security breach
Brazil banking
Crypto laundering
Financial hack
USDT