COINDESK · 2026-11-04 10:19 UTC

ZachXBT names French bank Crédit Mutuel Arkéa as suspected victim of $133 million crypto theft

Blockchain investigator ZachXBT identified French bank Crédit Mutuel Arkéa as the victim of a $133 million cryptocurrency theft, with $108.8 million in USDC withdrawn from Kraken, Crypto.com, and OKX on November 1-2. Crédit Mutuel Arkéa confirmed the attack to CoinDesk, stating it enabled fraudulent transactions but is now under control, with no financial consequences for clients and authorities notified. ZachXBT expressed high confidence the North Korean Lazarus Group was not responsible, based on differences in how stolen funds were moved.

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