Arkea: $133M Fiat Stolen, Laundered Into XMR
Crédit Mutuel Arkéa lost $133 million in fiat funds that hackers immediately converted to crypto including USDC, USDT and finally Monero, according to on-chain sleuth ZachXBT and reporter Grégory Raymond.
SourceAnalysis
Crédit Mutuel Arkéa suffered a $133 million fiat theft executed through organized mule accounts, with the proceeds routed straight into crypto platforms such as Crypto.com before conversion to USDC, USDT, ETH and ultimately XMR for obfuscation.
ZachXBT ruled out Lazarus Group involvement with high confidence and noted that rapid disclosure could have frozen more than $30 million before the funds reached Monero mixers.
XMR trades at $118.7 inside its Bollinger Bands with upper resistance at $125.56 and lower support at $113.9. The 50-EMA at $123.34 and 200-EMA at $138.48 define the bearish structure while MACD at -2.04 confirms the death cross. RSI at 46.21 shows neutral momentum. Price testing the upper band near $125.56 against the overhead EMA50 resistance suggests a likely pullback toward the $123.34 level before any sustained move lower.
Charles d'Haussy | dYdX
@charlesdhaussyCEO @dYdXfoundation - Crypto Derivatives, DeFi & Governance / ex. ConsenSys & .gov.hk