Hackers who stole $140 million from a Central Bank of Brazil service provider have laundered an estimated $40 million through cryptocurrency. Blockchain security expert ZachXBT revealed the funds were moved through Bitcoin, Ethereum, and Tether. According to ZachXBT, the laundering occurred via Latin American over-the-counter (OTC) platforms and various cryptocurrency exchanges. Further details are expected to be released as the investigation progresses. The sophistication of this laundering operation highlights the challenges in tracking illicit funds within the cryptocurrency ecosystem. While blockchain technology offers transparency, determined actors can still utilize various methods to obscure the flow of stolen assets. Law enforcement agencies are working to improve their capabilities to combat crypto-related crime. This case underscores the need for enhanced security measures and regulatory oversight within the crypto industry, especially in emerging markets. ```

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