French online bank Fortuneo breached, over $133 million moved via crypto channels
France's Fortuneo online bank confirmed a fraud network attack in which hackers bypassed remittance risk controls and sent over $133 million to external accounts. Attackers used fake identities to pass KYC at Kraken and Crypto.com, then converted funds into Ethereum and privacy assets via Uniswap, cross-chain bridges, and Monero. French judicial and financial regulators have opened an investigation.
The breach of a commercial bank's core payment gateway, followed by large-scale movement into crypto assets, carries major implications for financial internal controls and crypto AML oversight, with on-chain data supporting the reported loss.
Source: PANews · Articles · panewslab.com
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