On November 4, on-chain investigator ZachXBT pointed out that the financial institution reportedly affected by a cryptocurrency outflow exceeding $1.33 billion (over ¥204 billion) is Crédit Mutuel Arkéa, a French banking group. However, no official statement from the bank or authorities has been confirmed at this time.
Prior to this indication, ZachXBT noted that an EU-based entity had withdrawn $106 million from multiple centralized exchange accounts on November 1...