Breaking: French Bank Crédit Mutuel Arkéa Falls Victim to $133M Crypto Heist
Chain analyst ZachXBT reveals that the financial institution hit by a crypto theft exceeding $133M is Crédit Mutuel Arkéa, a bank with assets totaling around $235B. The attack, reported on November 4, involved the extraction of USDC and USDT, which were then converted into ETH and privacy coin XMR, and dispersed across multiple blockchain networks. #CryptoTheft #Finance #Security
Chain analyst ZachXBT reveals that the financial institution hit by a crypto theft exceeding $133M is Crédit Mutuel Arkéa, a bank with assets totaling around $235B. The attack, reported on November 4, involved the extraction of USDC and USDT, which were then converted into ETH and privacy coin XMR, and dispersed across multiple blockchain networks. #CryptoTheft #Finance #Security