North Korean laundering and onchain scam warnings
Elliptic says North Korean launderers are using NEAR memecoins to move Binance-hack funds, while other scam and routing warnings circulate.
What we know
Reports citing Elliptic say North Korean launderers launched memecoins on NEAR, moving about 117K NEAR (~$430K) stolen from Binance. Binance's founder called a separate 'sell the data' claim obviously fake. A trader warns the FOMO app routes Elysium tokens through malicious or illiquid pools (unconfirmed). An account on X published an investigation into a trader it says extracted $1.7M through side wallets.
How the story developed
Elliptic says North Korean launderers are using NEAR memecoins to move Binance-hack funds, while other scam and routing warnings circulate.
Elliptic says North Korean launderers used memecoins on NEAR to move Binance-hack funds, while traders warn about malicious pools on the newly launched Elysium chain via FOMO.
Taiwan's benchmark closed up 4.9% while KOSPI reversed to -0.8% and the ASX 200 was little changed. Japan's leading index missed estimates.
Taiwan jumped 5.6% and Japan's TOPIX rose 3.3%, while Goldman notes KOSPI is still 44.5% below its June peak. Japanese long yields rose and China's PPI beat expectations.
A report says the US is calling for coordinated action against North Korean cyber threats following a Binance hack.
South Korea and Taiwan moved to stabilize markets, with KOSPI breaking below 5,000.
A Polygon proposal would hard fork to recover ~70.49M stolen POL, while South Korea has not begun sanctions talks over an alleged $6.3M North Korean Binance theft.
Following the $6.3B Binance hack, Binance has seen net outflows, though on-chain inflows recently turned positive. North Korea denies involvement, and South Korea is weighing a 99% cold-wallet rule.
Outcome.xyz on Hyperliquid passed $10M in daily volume for the first time, while $PUMP volume slipped 6.5% but buybacks continued.
A community project has made Pump.fun fully open source, and Shaw says Hyperliquid is next.
Sources
“This is obviously fake/scam.”
View post →Compiled with AI by the Global Eye 24 desk from public posts across 4 of our monitored source feeds, and updated each hour while the story develops. Spot an error? Write to corrections@globaleye24.com.