🚨 BINANCE HACKERS CREATE FAKE MEMECOINS TO LAUNDER STOLEN CRYPTO! 😱
Hackers Behind The Reported $6.3 Billion Binance Theft Have Created Six Fake Memecoins To Hide The Movement Of Stolen Cryptocurrency, According To Blockchain Analytics Firm Elliptic.
💰 Around $430,000 In Stolen Crypto Was Routed Through These Newly Created Tokens On The NEAR Blockchain.
The Hackers Created Six Tokens Named FUK, OLCCL, MEILI, MMLI, DABI And SINU Between November 5 And 7.
🔍 How Did The Scheme Work?
Instead Of Transferring Stolen Crypto Directly Between Wallets, The Hackers Used Decentralized Exchange Liquidity Pools.
One Set Of Wallets Bought Their Newly Created Memecoins Using Stolen NEAR Tokens, While Another Set Sold Those Tokens Back Through Liquidity Pools To Receive NEAR In Different Wallets.
This Made The Transactions Appear Like Ordinary Crypto Trading Profits Rather Than Direct Transfers Of Stolen Funds.
📊 The Scale Of The Investigation:
More Than 20,000 Wallets And 65,000 Transactions Have Been Identified In The Broader Laundering Operation.
Approximately $3.13 Billion In Stolen Crypto Remains In Wallets Linked To The Hack, While Binance Co-CEO Richard Teng Reported That Around $2.85 Billion Had Been Frozen Or Intercepted.
⚠️ The Bigger Concern: Hackers Are Increasingly Using DeFi Platforms, Memecoins, Cross-Chain Bridges And Privacy Tools To Complicate Crypto Investigations.
The Blockchain Transactions Remain Publicly Traceable, But These Techniques Can Make Investigations More Difficult.
🌍 Crypto's Biggest Security Crisis Is Now Becoming A Major Money-Laundering Investigation!
#Binance #CryptoNews #Bitcoin #Memecoins #NEARProtocol #Blockchain #CryptoHack #CyberSecurity #DeFi #USDT
Hackers Behind The Reported $6.3 Billion Binance Theft Have Created Six Fake Memecoins To Hide The Movement Of Stolen Cryptocurrency, According To Blockchain Analytics Firm Elliptic.
💰 Around $430,000 In Stolen Crypto Was Routed Through These Newly Created Tokens On The NEAR Blockchain.
The Hackers Created Six Tokens Named FUK, OLCCL, MEILI, MMLI, DABI And SINU Between November 5 And 7.
🔍 How Did The Scheme Work?
Instead Of Transferring Stolen Crypto Directly Between Wallets, The Hackers Used Decentralized Exchange Liquidity Pools.
One Set Of Wallets Bought Their Newly Created Memecoins Using Stolen NEAR Tokens, While Another Set Sold Those Tokens Back Through Liquidity Pools To Receive NEAR In Different Wallets.
This Made The Transactions Appear Like Ordinary Crypto Trading Profits Rather Than Direct Transfers Of Stolen Funds.
📊 The Scale Of The Investigation:
More Than 20,000 Wallets And 65,000 Transactions Have Been Identified In The Broader Laundering Operation.
Approximately $3.13 Billion In Stolen Crypto Remains In Wallets Linked To The Hack, While Binance Co-CEO Richard Teng Reported That Around $2.85 Billion Had Been Frozen Or Intercepted.
⚠️ The Bigger Concern: Hackers Are Increasingly Using DeFi Platforms, Memecoins, Cross-Chain Bridges And Privacy Tools To Complicate Crypto Investigations.
The Blockchain Transactions Remain Publicly Traceable, But These Techniques Can Make Investigations More Difficult.
🌍 Crypto's Biggest Security Crisis Is Now Becoming A Major Money-Laundering Investigation!
#Binance #CryptoNews #Bitcoin #Memecoins #NEARProtocol #Blockchain #CryptoHack #CyberSecurity #DeFi #USDT