Name Revealed in $133 Million Crypto Theft Allegation: ZachXBT Points to French Bank
Original headline133 Milyon Dolarlık Kripto Hırsızlığı İddiasında İsim Geldi: ZachXBT Fransız Bankasını İşaret Etti
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On-chain investigator ZachXBT identified French banking group Crédit Mutuel Arkéa as the entity behind a crypto theft exceeding $133 million, according to a November 4 statement reported by Wu Blockchain. The disclosure names a specific institution for a loss that had previously been attributed only to an unidentified organization, giving the incident a concrete counterparty. The case matters because it ties a nine-figure crypto loss directly to a regulated European bank, raising questions about custody and counterparty exposure in institutional crypto holdings. What to watch next is whether Crédit Mutuel Arkéa confirms the figure and the affected assets, and whether the stolen funds are traced or recovered on-chain.
Muhabbit's AI wrote this summary in its own words from Koinbülteni's report and translated it from Turkish. It can get details wrong, so check the source.
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ZachXBT, Crédit Mutuel Arkéa, Wu Blockchain