North Korean money launderers are reportedly creating worthless digital meme tokens in a bid to conceal funds stolen from cryptocurrency exchange Binance in late October, according to blockchain analytics firm Elliptic.
The company explained that the digital coins were minted in order to push the stolen funds through them, ensuring that the coins never move directly from one wallet to another. The tokens were named FUK, OLCCL, MEILI, MMLI, DABI and SINU, Elliptic said.
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