This is WILD — and scary.
North Korean hackers are reportedly creating their OWN memecoins to launder proceeds from the $6.3 BILLION Binance hack.
According to Elliptic analysis:
📉 Hackers transferred 117,000 NEAR tokens (∼$430,000) through 6 memecoins created between Nov 5-7
📉 They generate FAKE trade volumes to legitimise their gains
📉 One token even uses a picture of Elon Musk
A Spanish report Nov 11 said hackers are now trying to use memecoins because they are being hunted and cannot move the crypto into the formal financial system. Some reports now put the hack figure at $8 BILLION.
This is why you MUST check memecoins before you buy:
❌ Who created it?
❌ Is volume real or wash trading?
❌ Is the Elon / celebrity pic just bait?
If a new memecoin pumps 1000% overnight with no real community — RUN.
Share this. Someone in your feed is about to buy one of these.
#BinanceHack #NorthKorea #Memecoin #CryptoScam #CryptoNews $NEAR
North Korean hackers are reportedly creating their OWN memecoins to launder proceeds from the $6.3 BILLION Binance hack.
According to Elliptic analysis:
📉 Hackers transferred 117,000 NEAR tokens (∼$430,000) through 6 memecoins created between Nov 5-7
📉 They generate FAKE trade volumes to legitimise their gains
📉 One token even uses a picture of Elon Musk
A Spanish report Nov 11 said hackers are now trying to use memecoins because they are being hunted and cannot move the crypto into the formal financial system. Some reports now put the hack figure at $8 BILLION.
This is why you MUST check memecoins before you buy:
❌ Who created it?
❌ Is volume real or wash trading?
❌ Is the Elon / celebrity pic just bait?
If a new memecoin pumps 1000% overnight with no real community — RUN.
Share this. Someone in your feed is about to buy one of these.
#BinanceHack #NorthKorea #Memecoin #CryptoScam #CryptoNews $NEAR
