North Korean Hackers Launder Stolen Funds via Memecoins
Blockchain firm Elliptic discovered that North Korean hackers created new tokens on the NEAR network to launder funds from a Binance exploit.
According to blockchain analytics firm Elliptic, North Korean hackers have deployed new tokens on the NEAR network to launder funds connected to a Binance exploit. The perpetrators utilized liquidity pools involving six newly created memecoins in order to obscure the transfer of stolen assets between various digital wallets.
Original report: Cointelegraph ↗
AI-assisted summary based on the publisher's report. Read the original for full details. Not financial advice.