Onchain investigator ZachXBT says a French banking group, Crédit Mutuel Arkéa, has allegedly been targeted in a crypto theft that he estimates at more than $133 million—though he cautions that the...
The French bank has not confirmed its alleged involvement in the crypto theft, which ZachXBT said could have resulted in losses exceeding $133 million.
Blockchain sleuth ZachXBT says the French bank may have lost more than $133 million from crypto exchange accounts. Crypto.com confirms it has blocked funds linked to the theft.
ZachXBT has identified Crédit Mutuel Arkea as the European entity that lost $133M. In the past few days, the on-chain researcher tracked large-scale suspicious outflows from an entity’s wallets,...
Bitquery revealed that Tether froze just $1.14 million in USDT, while Circle had yet to freeze $2.53 million in USDC linked to the investigation.
ZachXBT said that multiple laundering indicators give him high confidence that the North Korean threat actor Lazarus Group is not responsible.
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