🚨 North Korean hackers laundered 117,000 $NEAR (~$430,000) from the $6.3 billion Binance hack through six self-created memecoins, according to Elliptic.
📌 The hacking group used little-known memecoins as intermediaries to erase traces of illicit funds.
📌 This amount is only a small part of efforts to move the proceeds of the largest hack in crypto history.
The continued flow of dirty money through new tokens shows that on-chain investigators have yet to keep pace with hackers’ adaptability, as defensive sentiment grows around thinly traded tokens.
💬 Do you think exchanges and on-chain tools are fast enough to keep up with this memecoin laundering tactic?
#CryptoExchange #CryptoNews
🔗 Source: CoinDesk
⚠️ This information is for reference only and is not investment advice. Do your own research before making a decision (DYOR).
📌 The hacking group used little-known memecoins as intermediaries to erase traces of illicit funds.
📌 This amount is only a small part of efforts to move the proceeds of the largest hack in crypto history.
The continued flow of dirty money through new tokens shows that on-chain investigators have yet to keep pace with hackers’ adaptability, as defensive sentiment grows around thinly traded tokens.
💬 Do you think exchanges and on-chain tools are fast enough to keep up with this memecoin laundering tactic?
#CryptoExchange #CryptoNews
🔗 Source: CoinDesk
⚠️ This information is for reference only and is not investment advice. Do your own research before making a decision (DYOR).
