A record-breaking bank robbery has taken place in Brazil

📌 A record-breaking bank robbery has taken place in Brazil: 140 million dollars were stolen. The crime was made possible after an employee sold his access data for just $2,760.

572025 Cybercriminals orchestrated the largest digital bank heist in Brazil, paying an IT company employee just $2,760 for access to the system, before withdrawing $140 million from several banks in just three hours on June 30. . Bitcoin

– 572025 Cybercriminals orchestrated the largest digital bank heist in Brazil, paying an IT company employee just $2,760 for access to the system, before withdrawing $140 million from several banks in just three hours on June 30.

The attack targeted CandM Software, a São Paulo-based company that connects small banks to Brazil’s central banking infrastructure, including the Pix instant payment system. Six financial institutions suffered losses from their reserve accounts between 4 a.m. and 7 a.m. local time when the attackers made fraudulent transfers masquerading as the affected banks. Banking services company BMP confirmed that losses from the central bank’s reserve account exceeded 73.8 million dollars.

Police detained 30-year-old IT specialist Joao Nazareno Roque on July 3 after he admitted to selling corporate credentials. The scheme began in March when criminals contacted Roque at a bar near his home and ended up paying him $5,000 initially and another $10,000 for helping him create hacking software. According to blockchain investigator ZachXBT, at least $30-40 million of the stolen funds moved into bitcoin, Ethereum and Tether through Latin American cryptocurrency exchanges before authorities were able to freeze the accounts.