French Bank Credit Mutuel Arkea Confirms Cyberattack as ZachXBT Puts Losses Above $133 Million

Bitcoin Magazine French Bank Credit Mutuel Arkea Confirms Cyberattack as ZachXBT Puts Losses Above $133 Million French bank Credit Mutuel Arkea said Wednesday that a cyberattack allowed hackers to carry out fraudulent transfers from the bank’s own account, a theft that on-chain investigator ZachXBT has put at more than $133 million and that the bank has not confirmed. The Brittany-based lender said in a statement that the incident was under control, that operations were resuming and that customer assets were not affected. It suspended some transactions as a precaution. “This incident has had no impact on (customer) assets and has only caused a delay in the execution of certain transfers,” the bank said on its website, in a translation published by Reuters .

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