North Korea Denies Role In $6 Billion Binance Hack, Slams FBI
What Happened
North Korea denied involvement in the theft of more than $6 billion in virtual assets from Binance, calling the FBI accusation “absurd rhetoric” and a “grave political provocation.” The FBI has attributed the October 29 attack to TraderTraitor, which it identifies as North Korean malicious cyber activity. Kim Yo Jong, sister of Kim Jong Un, accused Washington of trying to portray North Korea as a “cyber criminal state” and said the allegation reflected continued US hostility toward Pyongyang.
Key Takeaways
The FBI formally blames North Korea for the massive Binance theft, but Pyongyang has categorically rejected the allegation, adding another source of tension between the two countries.