North Korean hackers turn to memecoins to launder Binance hack funds
HACKBinancecoinbrief/daily · 1 source
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What happened
Cointelegraph reports that North Korean hackers are launching memecoins to launder funds stolen in the Binance hack. The source gives no amounts, token names or chains for the laundering. It also says xStocks plans to add hundreds of Hong Kong-listed equities in the coming weeks, with no dates given. Watch for on-chain tracing of the memecoin activity and the xStocks listing timeline.
For experienced traders · Written by AI from 1 source · Wrong?
What to do
- Watch for further reporting on the memecoins used to launder the Binance hack proceeds.
- Watch for xStocks' announced addition of Hong Kong-listed equities in the coming weeks.
Written by AI from the sources, checked against them
Full story timeline · 1 update
Who reported · 1 outlet
Cointelegraph
Who and what is in it
Companies