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.