The Central Bureau of Investigation (CBI) has arrested a Canara Bank assistant manager and an Axis Bank associate in Patna for their alleged involvement in a mule account scheme linked to cryptocurrency laundering. The officials are accused of setting up accounts to facilitate the movement of stolen funds into digital assets, manipulating identities, and enabling foreign transfers. Investigations revealed that over 70% of Indian cybercrime proceeds are now funneled into cryptocurrencies. The funds were distributed across numerous accounts before being converted and transferred overseas. Forensic analysis confirmed interactions between the bank staff and cybercriminals, including financial compensation for their assistance. This case highlights vulnerabilities in banking protocols and has prompted major banks to reconsider their digital onboarding processes.