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Crypto: Binance Hackers Launder $430K Through Memecoins

The hackers responsible for the Binance hack use their own memecoins to launder some of the stolen cryptocurrencies. According to Elliptic, six tokens launched on NEAR between November 5 and 7 facilitated the transit of approximately…

Cointribune

Publisher

Nov 10, 2026 at 7:05 AM UTC · 3 分で読める

Crypto: Binance Hackers Launder $430K Through Memecoins
Image via Cointribune

Key Signal

$430,000 Funds routed through tokens

Entities

binance

Last Updated

1日前

Summarize this article with:

The hackers responsible for the Binance hack use their own memecoins to launder some of the stolen cryptocurrencies. According to Elliptic, six tokens launched on NEAR between November 5 and 7 facilitated the transit of approximately $430,000. Crypto transactions remain visible on the blockchain, but tracing them becomes more complex.

In brief

  • Six memecoins were created on NEAR between November 5 and 7, 2026.
  • About 117,000 NEAR, or 430,000 dollars, passed through these tokens.
  • Each creation cost about 25 NEAR, or 90 dollars.
  • Crypto hackers use liquidity pools to obscure transfers between wallets.
  • This method slows investigators without making transactions invisible.

Binance hack: six memecoins created on NEAR

On October 29, 2026, hackers emptied Binance hot wallets. The crypto exchange estimates the impact at around 6.3 billion dollars. On October 31, the FBI attributed the theft to TraderTraitor, a group linked to North Korea. Pyongyang denies the accusation.

In a report published on November 9, Elliptic describes this tactic. Six tokens were created on NEAR in three days. Their visuals feature notably a monkey, a duck, or a “Elon 2028” poster, with no established link to Elon Musk. Each creation cost about 25 NEAR, or 90 dollars.

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Article Intelligence

Key Entities

binance

Topics

crypto

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