Our research shows that Machete is operated by a highly coordinated and organized group that focuses on Latin American targets. We describe the five phases of the APT operations from delivery to exfiltration of information and we show why Machete is considered a cyber espionage tool. Furthermore, our analysis indicates that the targeted victims belong to military, political or diplomatic sectors. The review of the almost eight years of Machete operations shows that it is probably operated by a single group whose activities may be state-sponsored. Machete is still active and operational to this day.