North Korean hackers create memecoins to launder funds from Binance hack: Elliptic

The blockchain firm traced stolen funds through six new tokens on NEAR, where hackers used liquidity pools to obscure transfers between wallets. North Korean hackers created memecoins to launder cryptocurrency stolen in the $6.4 billion Binance hack, routing roughly $430,000 through six newly launched tokens on the NEAR blockchain, according to a report from blockchain analytics firm Elliptic. Between Nov. 5 and 7, the hackers created at least six tokens on NEAR and used liquidity pools on decentralized exchanges to move stolen funds between wallets, Elliptic said .