North Korea-Linked Crypto Laundering Routes Binance Hack Funds Through Worthless Meme Coin Pools
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Summary
North Korea crypto laundering of stolen Binance funds relied on six throwaway NEAR meme coins, blockchain analytics firm Elliptic reported Nov. 9. Launderers paired each token with a real asset in a liquidity pool, so no transfer links thief wallets to payouts. Address blocklists miss that, so exchanges must trace what funded each pool.
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