Hacking News
ZachXBT Reports $133M Suspected Crypto Theft Involving Crédit Mutuel Arkéa
On-chain investigator ZachXBT reported a suspected cryptocurrency theft involving losses exceeding $133 million from a centralized exchange account of French banking group Crédit Mutuel Arkéa. The bank has not publicly confirmed the incident. ZachXBT flagged more than $106 million in USDC and USDT withdrawals from several centralized exchange accounts tied to an unnamed EU entity. The attackers may have first diverted fiat money through a network of money-mule bank accounts before buying crypto, with the crypto trail serving as a laundering route. The bank has not responded to these claims publicly.