[Wu Blockchain News] Elliptic: North Korean Hackers Create Meme Tokens on NEAR to Launder Binance Hack Funds
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North Korean hackers tied to the $6.4 billion Binance hack are laundering funds by launching meme tokens on NEAR and routing them through decentralized exchange liquidity pools, Elliptic reported. The technique echoes Elliptic’s earlier findings in the laundering of proceeds from the 2025 Bybit hack, underscoring how DEX liquidity pools are becoming a recurring tool for obfuscating stolen crypto. The approach matters because it complicates tracing for investigators and exchanges screening tainted funds. Watch for further meme token deployments on NEAR and for whether analytics firms can keep pace as the Binance hack proceeds are dispersed across new assets.
Muhabbit's AI wrote this summary in its own words from Telegram's report. It can get details wrong, so check the source.
Named in this story
North Korean hackers, Elliptic, NEAR (NEAR), Binance, Bybit
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