Blockchain analytics firm Elliptic said North Korean launderers used homemade meme coins and decentralized-exchange liquidity pools to move some funds stolen from Binance. The pools kept funds from moving directly between the buying and receiving wallets, but Elliptic said the trail remained traceable onchain and the tactic only slowed investigators.
Elliptic’s clearest example was on Near: at least six tokens created between November 5 and 7 handled about 117,000 Near, worth roughly $430,000. That was a small share of the stolen funds; Elliptic had earlier found that more than $3 billion had yet to be laundered.
