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The Straits Times·Tech

Binance hackers used memecoins to launder stolen crypto

Summarised by Spiced Kopi · ·9 sec listen

Binance hackers used memecoins to launder stolen crypto

Hackers behind a Binance theft created memecoins to hide where stolen crypto went. The tokens were meant to complicate tracing and disguise the movement of the ill-gotten money as they tried to launder the proceeds.

Read the full report at The Straits Times

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