French Bank Crédit Mutuel Arkéa Resumes Operations After Cyberattack, Assesses Crypto-Linked Losses

Crédit Mutuel Arkéa said nearly all operations resumed Wednesday after attackers accessed its systems through a service provider and moved bank funds to other institutions, potentially for conversion into crypto. Customer funds were unaffected, though some transfers were delayed. Onchain investigators traced withdrawals to Kraken, Crypto.com and OKX, with estimated suspicious outflows rising from over $106 million to above $133 million. The bank is still assessing the financial impact and has not confirmed specific figures.