Brazil's central bank service provider C&M attacked, resulting in a loss of approximately $140 million, with some funds already converted into cryptocurrency.

Odaily Planet Daily News: Crypto detective ZachXBT disclosed on his personal channel that recently Brazil's central bank service provider C&M Software suffered a cyber attack, resulting in a loss of approximately $140 million. On June 30, 2025, reserve accounts of six financial institutions were illegally accessed, and attackers exchanged fiat currency for Bitcoin, Ethereum, and USDT through Latin American OTC and exchanges. It is estimated that at least $30 million to $40 million was converted into cryptocurrency. Brazilian law enforcement revealed that the criminals paid only $2,760 (15,000 reais) to one C&M employee to obtain the company's login account and password. ZachXBT stated that when the time is right, he will disclose the theft addresses related to this incident, as he has been assisting in freezing funds and tracking unmarked over-the-counter transactions.