# Binance Hackers Made Memecoins to Launder Stolen Crypto

Source: [Bloomberg Technology](https://www.bloomberg.com/news/articles/2026-11-09/binance-hackers-made-memecoins-to-launder-stolen-crypto) · 2026-11-09 · Industry
Page: https://themorning.dev/story/binance-hackers-made-memecoins-to-launder-stolen-crypto-45e74e690610fd11
Kind: security · Impact: medium

## In brief

- Hackers who stole $6.3 billion from Binance Holdings Ltd. created at least six memecoins on the NEAR blockchain network.
- Elliptic says the memecoins were used to launder about $430,000 of stolen funds.
- Bloomberg reports the memecoins are one way the hackers are laundering a slice of the proceeds.

## Why it matters

It shows attackers using quickly created memecoins on NEAR to move stolen funds, so exchanges and blockchain analytics teams may need to watch new token launches for laundering activity.

## Timeline

- 2026-11-09: Elliptic reports six memecoins on NEAR used to launder about $430,000 of stolen Binance funds

## Coverage

- [Elliptic: hackers behind the $6.3B Binance heist created at least six memecoins on the NEAR blockchain network to launder about $430,000 of stolen funds (Emily Nicolle/Bloomberg)](https://www.techmeme.com/261109/p36#a261109p36) — Techmeme, 2026-11-09
- [Binance Hackers Made Memecoins to Launder Stolen Crypto](https://www.bloomberg.com/news/articles/2026-11-09/binance-hackers-made-memecoins-to-launder-stolen-crypto) — Bloomberg Technology, 2026-11-09

Tags: crypto, binance, money-laundering, memecoins, near

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Brief generated by AI (claude-haiku-5-5) from the reporting listed under Coverage. Headlines belong to their publishers. The Morning Dev – https://themorning.dev