Elliptic: Binance Hacker Laundered $430K via Self-Made Meme Coins

Cointime reports: North Korea-linked hackers behind the Binance breach moved stolen funds through self-created meme coins and decentralized exchange liquidity pools, Elliptic said on Nov. 9. About 117,000 NEAR, worth roughly $430,000, was routed through six homemade meme tokens. Launderers paired the new tokens with assets such as NEAR in liquidity pools, bought with dirty funds from one wallet set and sold back from another, avoiding direct transfers. Similar activity was found on Solana using existing low-liquidity tokens, and the transactions remain traceable on-chain.