Mercuryo - Sponsor Image Mercuryo - Infrastructure powering the crypto economy. Friend & Sponsor Learn more
Home,   Read,   News

Hackers Steal $140M from Brazilian Banks

The record-setting digital bank heist successfully targeted a banking infrastructure startup before draining reserve accounts.
Hackers Steal $140M from Brazilian Banks
Bankless Bankless
Jul 7, 2025 • 0 min read
1
0
AI
Open in ChatGPT Open in Claude View as Markdown

Subscribe to Bankless or sign in

Hackers exploited Pix infrastructure, stealing $140M from Brazilian banks, laundering $40M via crypto. Decentralization may deter such risks.

What’s the Scoop?

  • Massive Heist: Hackers stole $140 million from Brazilian banks by exploiting credentials from an IT operator connected to Central Bank infrastructure.
  • Crypto Laundering: Roughly $40 million of the stolen funds were laundered through Bitcoin, Ethereum, and Tether Tether via OTC desks and exchanges.
  • Targeted Infrastructure: The attack exploited Brazil's Pix payment system infrastructure, demonstrating vulnerabilities in intermediary systems.

Mercuryo - Sponsor Image
Sponsored Mercuryo Infrastructure powering the crypto economy.
In The Article
Bitcoin Bitcoin Ethereum Ethereum Tether Tether
Bankless

Written by Bankless

750 Articles • View all      

It’s time to break up with your bank, and join the movement for a better world.

No Responses
Search Bankless