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Nov 3, 2026

Kraken restricts accounts amid suspected $133 million European institution theft

Kraken restricted accounts linked to a suspected crypto theft from an unnamed Western European institution, with blockchain investigator ZachXBT reporting losses exceeding $133 million. The exchange says its own systems were not compromised.

Nov 3, 2026·4 sources
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Top claims

  • ▪Blockchain investigator ZachXBT increased the estimated loss in the suspected European institution theft from $106 million reported on November 2, 2026, after identifying an additional $27 million in centralized exchange withdrawals
  • ▪Blockchain investigator ZachXBT alleged on November 3, 2026, that a large financial institution in Western Europe was exploited in a $133 million theft and was actively covering up the incident
  • ▪Blockchain investigator ZachXBT stated that the laundering patterns from the suspected $133 million European institution theft did not match the typical methods used by North Korea’s Lazarus Group

Topics

Privacy coinsUniswapXCrypto securityCrypto exchangesCrypto regulationCrypto hacks

Related entities

EtherUSDTWestern EuropeEthereumUsdcMonero