North Korean hackers are creating memecoins to wash loot from $6.3 billion Binance hack
Summary
Blockchain analytics firm Elliptic reports that North Korean hackers laundered hundreds of thousands of dollars through self-created memecoins. The digital assets were used to obscure funds stolen in a massive security breach on Binance.
North Korean hackers used six homemade memecoins to launder 117,000 NEAR, worth about $430,000, from the $6.3 billion Binance hack, Elliptic says.
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