Binance Hackers Made Memecoins to Launder Stolen Crypto

First reported by CoinDesk at · Updated · 7 sources

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.

Covered by 7 publishers within 17 hours of the first report.

Summary from Bloomberg.

Reporting7

CoinDesk North Korean hackers are creating memecoins to wash loot from $6.3 billion Binance hack · Francisco Rodrigues
The Block Binance hack launderers mint homemade Elon Musk, animal memecoins to move stolen funds: Elliptic · Kyle Baird
Bloomberg Binance Hackers Made Memecoins to Launder Stolen Crypto · Emily Nicolle
Gizmodo North Korea Is Using Elon Musk-Themed Memecoins to Launder Crypto From the Binance Hack · Kyle Torpey
Decrypt Binance Hack Launderers Mint Elon Musk and Animal Meme Coins to Move Stolen Crypto · Decrypt Staff
PYMNTS Binance Heist Crew Employs Meme Coins to Launder Funds · PYMNTS
Cyber Security News North Korean Hackers Create Fake Meme Coins to Launder Stolen Funds From $6.4 Billion Binance Hack · Tushar Subhra Dutta

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Topics Crypto