Binance hack launderers mint fake Elon Musk, animal memecoins to move stolen funds: Elliptic

The notable shift here is tactical rather than technical: creating tokens to add transaction layers is an attempt to impose investigative cost, not to break traceability, and Elliptic's assessment that the funds stay visible onchain undercuts the premise. This matters most for exchanges, analytics vendors and investigators who must now sift through low-value, self-issued assets as noise rather than as genuine market activity. Whether this obfuscation pattern spreads to other cases, and how quickly screening tools adapt to flag self-minted tokens, is the open question.