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#liquidity pool smurfing

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North Korea Creating Fake Meme Coins to Launder Millions From $6.4B Binance Hack
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North Korea Creating Fake Meme Coins to Launder Millions From $6.4B Binance Hack

Key Highlights Blockchain analytics firm Elliptic uncovered an obfuscation method where cybercriminals use disposable liquidity pools on networks like NEAR, Tron, and Solana to mask illicit fund movements. Between November 5 and 7, illicit actors deployed six throwaway tokens on NEAR Protocol for roughly $90 each to wash approximately 117,000 NEAR ($430,000) using isolated buyer ...