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North Korea’s $6.3B Binance Hack Takes a Strange Turn With Meme Coins

News.Bitcoin.com
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North Korea’s $6.3B Binance Hack Takes a Strange Turn With Meme Coins

North Korean launderers have turned to disposable meme coins to disguise proceeds from Binance’s roughly $6.3 billion hack. Elliptic identified related tactics on three blockchains, adding cheap, repeatable obstacles to efforts to trace the stolen assets. Meme Coins Complicate the Binance Hack Trail North Korean launderers used meme coins and obscure tokens on Tron, Solana, […]

Key Takeaways

  1. North Korean launderers have turned to disposable meme coins to disguise proceeds from Binance’s roughly $6.3 billion hack.
  2. Elliptic identified related tactics on three blockchains, adding cheap, repeatable obstacles to efforts to trace the stolen assets.
  3. Meme Coins Complicate the Binance Hack Trail North Korean launderers used meme coins and obscure tokens on Tron, Solana, […]
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.