N Korean hackers use Musk-themed memecoins to move $6-bn Binance hack funds: Report

North Korean hackers are using memecoins to launder funds stolen in the $6.3-billion Binance hack, blockchain analysis firm Elliptic said. The memecoins include one featuring Elon Musk under an "Elon 2028 President" banner. Hackers deposit stolen funds into a private trading pool to buy their own tokens, then sell them through separate accounts to obtain clean money.