From Futurism · Maggie Harrison Dupré · · 40s
North Korea Uses Meme Coins to Launder Stolen Crypto
North Korea allegedly uses meme coins to launder $6.3 billion stolen from Binance.
In brief
North Korea allegedly uses meme coins to launder $6.3 billion stolen from Binance. North Korea is using meme coins to launder billions stolen from Binance after a major hack. Originally reported by Futurism.
Binance Hack
Hackers stole $6.3 billion from Binance in a 20-minute heist last month.
Meme Coin Laundering
North Korea uses single-use meme coins to move stolen crypto through liquidity pools.
Elon Musk Meme Coin
One coin features Elon Musk under an 'Elon 2028 President' banner.
Laundering Scale
North Korea laundered $430,000 from the $6.3 billion heist using meme coins.
The main idea
North Korea is using meme coins to launder billions stolen from Binance after a major hack.
