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An independent record of the October 2026 Binance hack
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North Korean hackers created memecoins to launder cryptocurrency stolen in the $6.4 billion Binance hack, routing roughly $430,000 through six newly launched tokens on the NEAR blockchain, according to a report from blockchain analytics firm Elliptic.
From this source: North Korean hackers create memecoins to launder funds from Binance hack: Elliptic, with all of its statements.
At the time of Elliptic’s analysis, about 11.8 million NEAR stolen in the Binance hack remained unmoved. Elliptic valued those funds at $43.7 million.