OTC Exchanges Help Thwart $5M Bank Heist in Brazil

OTC Exchanges Thwart Bank Heist in Brazil: A $5 million online heist in Brazil targeting Spanish multinational financial institution, Banco Santander was thwarted after the funds were seized with local over-the-counter (OTC) crypto exchanges. The perpetrators immediately moved to convert the stolen funds into Bitcoin (BTC), however, the cash triggered many of the bank accounts […]