North Korean hackers are creating memecoins to wash loot from $6.3 billion Binance hack
Summary
Hackers originating from North Korea deployed several custom memecoins to launder stolen cryptocurrency. Blockchain analytics firm Elliptic reported that the attackers converted illicit funds obtained through a major exchange breach into digital assets to disguise their origin.
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.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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