Fortuneo breach tied to $133M EU banking entity crypto fraud; hackers allegedly used fake KYC accounts and Monero

According to the author's sources, the fraud hit Fortuneo, Crédit Mutuel Arkéa's online bank, with fraudulent transfers issued under attacker-chosen beneficiary names. Funds went to crypto accounts opened with forged KYC identities, notably on Kraken, then converted to stablecoins and withdrawn via OKX, Kraken and Crypto.com. ZachXBT's estimate rose from $106 million to over $133 million after finding $27 million more. $63 million was swapped for 27,553 ETH, partly converted to Monero. A source suggests losses may be higher via non-crypto channels, and points to Franco-Israeli networks rather than Lazarus. Arkéa confirmed the incident is over, without disclosing the amount.

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• Crypto
• KYC
• Hacker
• EU