According to CoinMeta, blockchain analysis firm Elliptic revealed that North Korean hackers used self-made Meme coins as a transit point to launder the stolen funds from Binance through fake transactions. The hackers created untraded junk tokens and established liquidity pools, using different wallets for buying and selling to disguise the illicit funds as legitimate transaction earnings. This tactic has appeared on the Tron, Solana, and NEAR networks. On the NEAR network, the hackers created at least six types of Meme coins, namely fuk, olccl, meili, mmli, dabi, and sinu, and established independent NEAR liquidity pools for each token.