Elliptic analysts said North Korea-linked hackers used memecoins created from Nov. 5 to 7, 2026, to launder assets stolen in the Oct. 29, 2026, Binance hack. About 117,000 NEAR, worth roughly $430,000, passed through six tokens on the NEAR network, according to Elliptic. The firm said the extra transactions could slow efforts to follow the funds but did not make them untraceable.
The FBI attributed the hack to the North Korea-linked TraderTraitor group. North Korean authorities rejected the allegation.
