ZachXBT: The EU entity that suffered a $130 million loss in a hack is the French credit union bank.

November 4th: On-chain detective ZachXBT disclosed today that the EU entity that suffered a $130 million loss in a hack is the French credit union bank Credit Mutuel Arkea, which has assets under management of $235 billion.

Previously, on November 1st, an EU entity was suspected to have lost over $100 million from multiple centralized exchange accounts, with the stolen funds withdrawn by illicit actors in the form of USDC and USDT.