Elliptic: North Korean #Hackers Create Meme Tokens on $NEAR to Launder Binance Hack Funds 🔴
🤥 North Korean hackers are creating meme tokens and using DEX liquidity pools to launder funds stolen in the $6.4 billion Binance hack. Between November 5 and 7, the attackers created at least six meme tokens on NEAR, each costing around $90 to launch, and routed approximately 117,000 NEAR ($430,000) through the pools to complicate fund tracing. Elliptic previously identified a similar technique in the laundering of funds stolen in the 2025 Bybit hack.
🤥 North Korean hackers are creating meme tokens and using DEX liquidity pools to launder funds stolen in the $6.4 billion Binance hack. Between November 5 and 7, the attackers created at least six meme tokens on NEAR, each costing around $90 to launch, and routed approximately 117,000 NEAR ($430,000) through the pools to complicate fund tracing. Elliptic previously identified a similar technique in the laundering of funds stolen in the 2025 Bybit hack.
