Hackers stole about €100 million from French bank Crédit Mutuel Arkéa's own account
Attackers got in through a third-party provider and moved funds to other banks, some converted to crypto; the Paris prosecutor has opened an organised-hacking inquiry and the bank says customers lost nothing.
Why it matters
This is one of the largest known cyber thefts from a European bank, and it hit the bank's own funds rather than customer accounts. Reports say the attackers used a third party with transaction authority, then laundered money through crypto; investigator ZachXBT tied at least $133 million to the case, and Kraken and Crypto.com froze some funds. It follows the theft of more than $6 billion from Binance on 31 October. Watch for the final loss figure, how much is recovered, who is behind it, and any regulator response on third-party access.
Key facts
- Paris prosecutor opened an inquiry on 4 November 2026
- Estimated loss close to €100 million (AFP); reports of €118 million
- Entry through a third-party service provider
- Customer accounts and assets unaffected, the bank says
- ZachXBT ties at least $133 million to the case
- Kraken restricted accounts; Crypto.com froze funds