Disposable Meme Coins Become North Korea’s Latest Crypto Laundering Trick

1 hour ago 5

Rommie Analytics

Key Takeaways:

  • About $430,000 in stolen NEAR was channeled into six newly minted meme coins by the North Korean linked launderers.
  • The tokens were used to act as a sacrificial buffer between stolen and receiving wallets on decentralized exchange liquidity pools.
  • The method is still discoverable onchain but may impede investigators or complicate compliance screening, says Elliptic.