Onchain investigator ZachXBT identified French cooperative bank Crédit Mutuel Arkéa as the alleged victim of a crypto theft exceeding $133 million. The funds were stolen from multiple centralized exchange accounts in stablecoins USDC and USDT over several days, then converted into ETH and privacy coin Monero through various exchanges and blockchain bridges, making tracing difficult. ZachXBT expressed confidence the attacker is not linked to North Korea's Lazarus Group and criticized the bank for not promptly reporting the incident, which could have helped freeze the stolen assets. Crédit Mutuel Arkéa has not confirmed or denied the theft, and the claims remain unverified by authorities.
The Crédit Mutuel Arkéa crypto theft case provides context for cryptocurrency market activity. For readers following crypto, here is Pluang's market snapshot as of Nov 04, 2026 17:01 WIB: Of 50 major cryptocurrencies priced on Pluang, 42 rose and 6 fell today. Notable movers include GRT at Rp366 with a 1-day change of +4.04% and Pluang order activity of 93% Sell / 7% Buy, AXS at Rp15.564 with +3.57% change and 37% Sell / 63% Buy order activity, and MANA at Rp1.327 with +3.27% change and 93% Sell / 7% Buy order activity.
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