
ZachXBT|Jul 14, 2025 10:20
A recent cyberattack on the Central Bank of Brazil services provider C&M resulted in a breach to the reserve accounts of six financial institutions where attackers converted stolen fiat to crypto.
I began working on an initiative that has helped freeze ~5M across multiple exchanges and blockchains.
A special thanks goes to @Tether_to , @Binance Security Team, @Bitso, @Bybit_Official Compliance Team, & @CFInvestigators.
Collaboration within the private sector is the most effective way to combat illicit activity and push our industry forward.
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