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ZachXBT Estimates $133 Million Crypto Theft at France's Arkéa

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ZachXBT Estimates $133 Million Crypto Theft at France's Arkéa
AI SUMMARY

Blockchain investigator ZachXBT estimates that France's Crédit Mutuel Arkéa suffered a cryptocurrency theft totaling about $133 million.

  • France's Crédit Mutuel Arkéa may have suffered a cryptocurrency hack worth about $130 million to $133 million.
  • Blockchain investigator ZachXBT reported that Arkéa was targeted in a recent crypto theft.
  • Arkéa confirmed that a hacking attack occurred recently but did not disclose if the stolen assets were fiat or crypto.
  • The bank stated that customers suffered no financial losses from the incident.
  • Arkéa temporarily suspended some transactions and notified relevant authorities.
  • ZachXBT initially identified over $106 million stolen from a European institution on November 2 before finding an additional $27 million in withdrawals.