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Binance Hackers Launder $430K Through Memecoins

Binance Hackers Launder $430K Through Memecoins


8h05 ▪
4
min read ▪ by
Ariela R.

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.

A crypto hacker manipulates six memecoins featuring a monkey, a duck and other mascots in front of screens displaying the Binance logo, illustrating the laundering of cryptocurrency stolen in the Binance hack.A crypto hacker manipulates six memecoins featuring a monkey, a duck and other mascots in front of screens displaying the Binance logo, illustrating the laundering of cryptocurrency stolen in the Binance hack.

In brief

  • Six memecoins were created on NEAR between November 5 and 7, 2026.
  • About 117,000 NEAR,…

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