Hackers Launder $430,000 of $6.3B Binance Heist Using Memecoins
Macro·5 articles across 5 outlets·↩ Updated
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
The hackers who stole $6.3 billion from Binance Holdings Ltd. in crypto's biggest ever heist have turned to one of the sector's most gimmicky assets to launder a slice of the proceeds: memecoins.
Elliptic reports that the hackers created at least six memecoins on the NEAR blockchain network to launder about $430,000 of stolen funds, specifically 117,000 NEAR, from the $6.3 billion Binance hack.
BinanceNEAR
Sources
Every quote below is verbatim from the article it is attributed to.
SourceReports the news
“The hackers who stole $6.3 billion from Binance Holdings Ltd. in crypto's biggest ever heist have turned to one of the sector's most gimmicky assets to launder a slice of the proceeds: memecoins.”
Bloomberg — Binance Hackers Made Memecoins to Launder Stolen Crypto“Elliptic: hackers behind the $6.3B Binance heist created at least six memecoins on the NEAR blockchain network to launder about $430,000 of stolen funds”
techmeme — Elliptic: hackers behind the $6.3B Binance heist created at least six memecoins on the NEAR blockchain network to launder about $430,000 of stolen funds (Emily Nicolle/Bloomberg)“North Korean hackers used six homemade memecoins to launder 117,000 NEAR, worth about $430,000, from the $6.3 billion Binance hack, Elliptic says.”
coindesk — North Korean hackers are creating memecoins to wash loot from $6.3 billion Binance hack
SupportCorroborates it
“Elliptic says the extra swaps slow investigators down, but the stolen funds remain traceable onchain.”
the block — Binance hack launderers mint homemade Elon Musk, animal memecoins to move stolen funds: Elliptic
Earlier versions
- Nov 9, 6:35 PM — North Korean Hackers Launder $430,000 Using Memecoins from $6.3 Billion Binance Hack (2/2)