North Korean hackers have learned to launder stolen cryptocurrency through their own shitcoins—for a test, they created 6 meme tokens and moved money between their own wallets, passing off the stolen funds as trading profits.
In this way, the attackers attempted to legalize about $430,000.
Analysts warn that the scheme is cheap and allows for laundering much larger amounts—with sufficient resources, hackers can set up an entire pipeline of fake tokens and transactions.
In this way, the attackers attempted to legalize about $430,000.
Analysts warn that the scheme is cheap and allows for laundering much larger amounts—with sufficient resources, hackers can set up an entire pipeline of fake tokens and transactions.
