France: Crédit Mutuel Arkéa targeted by a $133 million crypto theft, according to ZachXBT
Original headlineFrance : Crédit Mutuel Arkéa visé par un vol crypto de 133 millions $, selon ZachXBT
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Blockchain investigator ZachXBT has linked a $133 million crypto theft to French bank Crédit Mutuel Arkéa, a Brittany-based lender with a €211 billion balance sheet. The funds were allegedly withdrawn through the Kraken exchange, with the stolen assets converted into ether and Monero. The incident marks one of the larger crypto losses tied to a traditional European banking institution. Watch for official confirmation from Crédit Mutuel Arkéa and any disclosure on how the breach occurred and whether customer funds were affected.
Muhabbit's AI wrote this summary in its own words from Journal du Coin's report and translated it from French. It can get details wrong, so check the source.
Named in this story
Crédit Mutuel Arkéa, ZachXBT, Kraken, Monero (XMR), Ether (ETH)
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