French banking group reveals details of a fund theft for the first time
2026-11-05 09:06:58
According to CoinMeta, Wu said that on November 4th, the French banking group Cr é dit Mutuel Ark éa issued a statement, disclosing for the first time details of the fund theft incident previously uncovered by ZachXBT. The bank stated that attackers obtained access through the platform of an unnamed third-party service provider and then used the bank's own accounts to transfer funds to other financial institutions. The relevant funds may have been further exchanged for cryptocurrencies through professional platforms. The bank denied that the attack entry point was located in its online banking service Fortuneo and claimed that customer assets were not affected. Regarding the previously reported amount of about 118 million euros (133 million US dollars) stolen, the bank did not confirm the exact figure but acknowledged the order of magnitude. Some of the funds have been frozen, and the final loss is still being assessed.
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