Binance-Linked Hacker Moved $430,000 in Stolen Funds Through Six NEAR Meme Coins

Summary

• A Binance-linked hacking attacker was found to have moved $430,000 in stolen funds using six NEAR-based meme coins.
• The hacker moved the stolen funds over three days through six NEAR-based meme coins that the attacker created directly.
• Blockchain analytics firm Elliptic said meme coins issued by the hacker were used in the fund transfers.

Forecast Trend Report by Period

A hacker tied to a Binance-related breach moved $430,000 in stolen funds over three days using six meme coins built on NEAR, blockchain analytics firm Elliptic said on Nov. 9.

According to Elliptic, the attacker routed the funds through six NEAR-based meme coins the hacker created.

The total amount moved was $430,000, and the transfers took place over just three days.

Elliptic said meme coins issued by the hacker were used in the transfers.

JH Kim