North Korea-linked hackers used meme coins to launder Binance heist funds, Elliptic says
Crypto research firm Elliptic reports that hackers believed tied to North Korea are minting meme coins to launder crypto stolen in a $6.3 billion hack of Binance last month. The firm identified at least six such tokens, created shortly after the heist, including one featuring an image of Elon Musk under an 'Elon 2028 President' banner. Elliptic estimates roughly $430,000 has been laundered this way so far.