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Elliptical: North Korean hackers create meme tokens in NEAR to launder money Binance Hack.

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Wu Blockchain · Crypto · · Source

Elliptical: North Korean hackers create meme tokens in NEAR to launder money Binance Hack.

Blockchain analytics firm Elliptical has reported that North Korean hackers are creating meme tokens and using DEX liquidity pools to launder funds stolen in the $6.4 billion Binance hack. Between November 5 and 7, the attackers created at least six meme tokens in NEAR, each of which cost around $90 to issue, and routed around 117,000 NEAR ($430,000) through the repositories to complicate the tracking of the funds. Ellipti previously identified a similar technique in laundering funds stolen in the 2025 Baybit hack.

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