Crypto Hack: $140M Stolen from Brazil’s Banking System — Laundered into BTC & ETH

This is one of the boldest crypto hacks of 2025 — and it didn’t even start in crypto.

Hackers stole $140 million from six financial institutions connected to Brazil’s central bank — not through code, but through social engineering.
With just $2,700, they bought insider login access and drained hundreds of millions.

According to ZachXBT, up to $40 million has already been laundered through BTC, ETH, and USDT — via OTC desks and Latin American exchanges.
This crypto hack is now being called the biggest digital theft in Brazil’s history.

In a world where crypto hacks are rising, the weakest link is still the human one.
And blockchain is becoming the battleground for cybercrime.

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