🚨 North Korea-linked hackers have reportedly created memecoins to launder funds from the $6.4 billion Binance hack, according to Elliptic.
Between November 5 and 7, they launched at least six memecoins on $NEAR , spending approximately $90 per token. They subsequently moved 117,000 NEAR, valued at around $430,000, through liquidity pools on decentralized exchanges, a method that complicates tracing. Elliptic noted a similar strategy was employed following the 2025 Bybit hack.
Between November 5 and 7, they launched at least six memecoins on $NEAR , spending approximately $90 per token. They subsequently moved 117,000 NEAR, valued at around $430,000, through liquidity pools on decentralized exchanges, a method that complicates tracing. Elliptic noted a similar strategy was employed following the 2025 Bybit hack.
