Memecoin Mania Fizzles; Hackers Find New Laundromat for Dirty Digital Cash.
Turns out those high-flying memecoins, like "Trump Token" and "Libra," are collapsing faster than a cheap beach umbrella in a hurricane. Meanwhile, sophisticated hacker groups, like the Lazarus Group, are apparently using these very same tokens to launder their ill-gotten gains from massive crypto hacks. It just goes to show, whether it's a pyramid scheme or a pump-and-dump, the only real innovation in crypto is finding new ways to separate fools from their money.