North Korean Hackers Launder Binance Loot Through Homemade Memecoins
• Elliptic says TraderTraitor minted disposable memecoins and paired them with NEAR or stablecoins to move part of the record $6.4B haul
• Funds enter via one wallet set and exit via another, cutting the direct link
• NEAR, other chains and a Solana variant were used; about 117,000 NEAR ($430K) ran through six tokens
• Over $3B is still unlaundered
A slowdown tactic, not a clean exit: the trail stays traceable. Treat funds coming from fresh liquidity pools as suspect. Not financial advice. DYOR.
$NEAR
• Elliptic says TraderTraitor minted disposable memecoins and paired them with NEAR or stablecoins to move part of the record $6.4B haul
• Funds enter via one wallet set and exit via another, cutting the direct link
• NEAR, other chains and a Solana variant were used; about 117,000 NEAR ($430K) ran through six tokens
• Over $3B is still unlaundered
A slowdown tactic, not a clean exit: the trail stays traceable. Treat funds coming from fresh liquidity pools as suspect. Not financial advice. DYOR.
$NEAR
