[Brazilian Court Rejects Release Request of Hacker Suspect Involved in Stealing $160 Million and Laundering Money via BTC and USDT] According to Livecoins, the Brazilian Superior Court of Justice (STJ) has rejected the release request of suspect Luccas, maintaining his detention in São Paulo state. The case involves large-scale fraud against the tech company C&M Software, with the suspect accused of illegally accessing the company's clearing system and stealing approximately 813 million Brazilian reais (around $160 million). The criminals dispersed the funds across nearly 300 fake bank accounts to increase tracking difficulty, then converted the reais into BTC and USDT through multiple blockchains in an attempt to conceal the illicit origin of the funds, constituting money laundering. The primary attack occurred in June 2025, with the criminal organization operating in a highly coordinated manner (including transfer operators and cryptocurrency fund managers) and bribing company employees to assist in cracking server passwords.