# @TheBlockCo: ZachXBT suspects $133M CEX account exploit at Western European inst

Source: https://x.com/TheBlockCo/status/2117524707960627699
Kiwi News: https://news.kiwistand.com/stories/TheBlockCo-ZachXBT-suspects-dollar133M-CEX-account-exploit-at-Western-European-inst?index=0x6ae99bfe78eaf6e54e1b35996e4d66f83faa6368fd6eb685085f28cc8d0f90faf3e1d14f
Submitted by tim on 2026-11-03 UTC, 2 upvotes, 0 comments

THE BLOCK: ZachXBT says he suspects that a large Western European financial institution was exploited for more than $133 million from CEX accounts, and that the incident is currently being covered up.

He notes the lack of proper disclosure has allowed the laundering of over $30 million in stolen funds that EU authorities could have frozen.