ZachXBT-linked EU entity identified as Crédit Mutuel Arkéa in $133M crypto theft
A Reddit post claims the "EU entity" ZachXBT was tracking was Crédit Mutuel Arkéa, a French bank, and that $133M was taken from the bank's own account. The post says roughly $106M in USDC/USDT was drained from exchange accounts on Sunday Nov 1, another $27M was later found, and most funds moved from ETH to Monero. It says ZachXBT named Arkéa on Wednesday and the bank confirmed the same day, with the source being an outside provider that is not yet identified.
Why “Rumor”
- Only community or trader posts: r/CryptoCurrency
0 independent source groups across 1 post · evidence score 9/100. How labels work
Market around the story
| Asset | Price at first report | 6h before | 1h before | 1h after | 6h after | 1h move vs normal | 24h volume vs median |
|---|---|---|---|---|---|---|---|
| ETH | $2,234 | −0.41% | +0.08% | +0.06% | +0.13% | 0.1σ | 0.4× |
Returns are measured from the moment the story first appeared. “vs normal” compares the move with the asset's typical hourly move over the previous 30 days.
What the sources claim
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About $106M in USDC/USDT was drained from several exchange accounts on Sunday Nov 1.
“sunday nov 1 someone drained like $106M in usdc/usdt from a few exchange accounts”
r/CryptoCurrency -
A further $27M was found, bringing the total to $133M.
“then he found another 27M so it’s 133M now”
r/CryptoCurrency -
Most of the funds were moved from ETH to Monero. ETH
“most of it went eth -> monero”
r/CryptoCurrency -
The funds came from the bank's own account, not customers, via an outside provider.
“it came from the bank’s OWN account, not customers, through some outside provider”
r/CryptoCurrency
Sources
More on ETH
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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-11-07 23:00 UTC. Labels are computed from the sources, not by the model.