Stolen Crédit Mutuel funds transferred into secondary bank mule accounts were forwarded to cryptocurrency exchanges Kraken, Crypto.com, and OKX to purchase stablecoins

Stablecoins

Tokens pegged to stable value, usually the US dollar, spanning issuers and reserves, depegs, and adoption by banks and payment networks.

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Crypto exchanges

The venues where digital assets trade, from Coinbase and Binance to decentralized protocols, with their listings, licenses, custody and failures.

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