ZachXBT Helps Freeze Approximately $5 Million in Assets Stolen in Brazil Central Bank Attack

Odaily News According to on-chain analyst ZachXBT, in a recent cyberattack on Brazil’s central bank service provider C&M, hackers hacked into the reserve accounts of six financial institutions and converted the stolen fiat assets into cryptocurrencies. ZachXBT said the operation it participated in has helped freeze about $5 million in related funds on multiple exchanges and blockchains.