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Elon Musk, Chimpanzees and “FUK”: North Korean Hackers Behind $6.4 Billion Binance Heist Mint Memecoins To Launder Funds: Elliptic

Picture: The Daily Hodl

North Korean hackers behind last month’s record-setting $6.4 billion Binance heist are laundering stolen crypto assets through a variety of newly minted memecoins. The crypto analytics firm Elliptic notes in a new analysis that the hackers used the NEAR blockchain to mint six new memecoins, each paired with NEAR tokens in their own liquidity pool. These memecoins have familiar-sounding names like “FUK” and “SINU” and feature logos with chimpanzees, foxes and Elon Musk under an “Elon 2028 President” banner.

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