A new report from blockchain data platform Chainalysis has revealed a significant rise in the use of cryptocurrency for illicit activities related to human trafficking. The research indicates that cryptocurrency payments to suspected human trafficking services increased by 85% year-on-year in 2025, with the total value reaching hundreds of millions of dollars across the identified services. The findings shed light on how criminal networks are adapting their financial operations, using digital
financialcrime (2)
The month of July could barely have started any worse for some financial institutions in Brazil. On 30 June 2025, C&M Software, a Brazilian company that provides a "bridge" helping the country's central bank connect to local banks, revealed that it had been hacked. 810,306,000 Brazilian reals (approximately US$140 million) were stolen from the reserve accounts of six financial institutions because of the security breach.
In the wake of the attack, which made news headlines in Brazil, the count
