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Reports Link North Korean Hackers to Memecoin Schemes for Laundering Stolen Crypto

(2 hours ago) · 1 source · Summarized by CryptoBipto

According to a CoinDesk report, North Korean hackers have allegedly been creating memecoins as a method to launder proceeds from a reported $6.3 billion hack of Binance. The scheme reportedly involves using newly created tokens to obscure the flow of stolen funds through decentralized exchanges and liquidity pools.

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SOURCES

  • coindesk.com

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BNBCrypto HackingMoney LaunderingNorth KoreaMemecoinsExchange Security