Hackers Are Now CREATING Memecoins To Launder $6.3 BILLION 😱
You think memecoins are just jokes? North Korea's hackers just found a new use for them.
According to Bloomberg + Elliptic report on Nov 9:
The hackers who stole $6.3 BILLION from Binance - the biggest hack ever - created 6 FAKE memecoins on NEAR blockchain just to wash the money.
The coins: FUK, OLCCL, MEILI, MMLI, DABI, SINU
How they did it:
1. Create a worthless memecoin for ∼$90
2. Wallet A buys it with STOLEN NEAR
3. Wallet B sells it and gets "clean" NEAR back
4. Abandon the coin in a few hours
They laundered $430,000 this way. Small amount, but the trick is cheap and almost invisible because thousands of memecoins die every day.
And this is NOT the first time. They did the same after the Bybit hack in 2025 - laundered $24M through a fake token.
Where is the money now?
• $2.85 BILLION frozen / intercepted
• $3.13 BILLION still with hackers, mostly in BTC + ETH
• $44M in NEAR still untouched
What does this mean for YOU as a trader?
This is why you NEVER buy a random new memecoin that just pumped 1000% in 1 hour.
That pump might not be real buyers. It might be hackers trading with THEMSELVES to wash stolen funds. You buy in, they dump, coin dies, you are left holding zero.
If a memecoin has:
• No website
• No community
• Cartoon logo / Elon Musk meme
• Pumped and died in hours
STAY AWAY. It's either a rug, or worse - a laundering tool.
Stay safe. Trade only coins with real liquidity.
Do you still trust memecoins after this?
#Binance #BTC #CryptoNews #Memecoin #BinanceHack #NEAR #CryptoSecurity
You think memecoins are just jokes? North Korea's hackers just found a new use for them.
According to Bloomberg + Elliptic report on Nov 9:
The hackers who stole $6.3 BILLION from Binance - the biggest hack ever - created 6 FAKE memecoins on NEAR blockchain just to wash the money.
The coins: FUK, OLCCL, MEILI, MMLI, DABI, SINU
How they did it:
1. Create a worthless memecoin for ∼$90
2. Wallet A buys it with STOLEN NEAR
3. Wallet B sells it and gets "clean" NEAR back
4. Abandon the coin in a few hours
They laundered $430,000 this way. Small amount, but the trick is cheap and almost invisible because thousands of memecoins die every day.
And this is NOT the first time. They did the same after the Bybit hack in 2025 - laundered $24M through a fake token.
Where is the money now?
• $2.85 BILLION frozen / intercepted
• $3.13 BILLION still with hackers, mostly in BTC + ETH
• $44M in NEAR still untouched
What does this mean for YOU as a trader?
This is why you NEVER buy a random new memecoin that just pumped 1000% in 1 hour.
That pump might not be real buyers. It might be hackers trading with THEMSELVES to wash stolen funds. You buy in, they dump, coin dies, you are left holding zero.
If a memecoin has:
• No website
• No community
• Cartoon logo / Elon Musk meme
• Pumped and died in hours
STAY AWAY. It's either a rug, or worse - a laundering tool.
Stay safe. Trade only coins with real liquidity.
Do you still trust memecoins after this?
#Binance #BTC #CryptoNews #Memecoin #BinanceHack #NEAR #CryptoSecurity