Binance's hackers are laundering stolen crypto through memecoins with names like FUK and SINU: $3.1 billion is still out there as bitcoin hits a two month low
The hackers behind Binance's $6.3 billion theft created at least six memecoins to launder part of the loot, Elliptic says. About $3.13 billion remains in their wallets, $2.85 billion was frozen, and crypto prices slid after the US midterms.
Market Authority7 min read