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French bank Crédit Mutuel Arkéa allegedly targeted in $133M crypto theft

Reported by John Chen, Crypto Briefing

Image: Crypto Briefing

ZachXBT said the attack lasted multiple days and suggested the total amount stolen could be higher. Crédit Mutuel Arkéa, one of France’s major banking groups with more than $235 billion in total assets, is allegedly the institution targeted in a crypto theft exceeding $133 million . The bank has not confirmed anything. As of November 4, it had issued no official statement about the incident. Blockchain investigator ZachXBT named the institution in a new disclosure, saying the attack spanned multiple days and that the reported losses may understate the total because they do not account for possible over-the-counter activity.

This is an excerpt. The reporting belongs to Crypto Briefing.

Read the full report on cryptobriefing.com
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