North Korea denies involvement in Binance hack and criticizes FBI probe as ‘a trite provocation’
- On Tuesday, Kim Yo Jong, sister of North Korean leader Kim Jong Un, rejected FBI findings linking the DPRK to the October 29 Binance hack. She labeled the accusation "absurd rhetoric" and a "grave political provocation," warning that Pyongyang would "reconsider" issues.
- Following the $6.3 billion theft, the FBI attributed the incident to the North Korean-linked hacking group TraderTraitor on October 31. Investigators observed the actors using roughly 12,000 wallets across 11 blockchains to launder the stolen digital assets.
- After replenishing approximately 95% of affected assets, Binance launched campaigns to manage net outflows and verify remaining reserves, beginning a phased resumption of withdrawals on November 2. The exchange said it covered most stolen assets using company funds.
- President Donald Trump expressed uncertainty regarding North Korea's involvement, noting that U.S. officials are still investigating the breach. Amid this diplomatic friction, Kim warned Pyongyang has "issues to reconsider" regarding U.S. hostility.
- A 2024 United Nations report estimated illicit cyber activity funds 40% of Pyongyang's weapons of mass destruction programs. This strategy mirrors the 2025 Bybit exchange heist, reflecting consistent efforts to maintain revenue channels.
387 Articles
387 Articles
North Korea has rejected the US bill of a billion-dollar crypto theft as "absurd rhetoric." The influential sister of leader Kim Jong-un, Kim Yo-jong, accused Washington of a hostile attitude, as reported by the state news agency KCNA on Tuesday.
Kim Yo-jong has described the FBI's accusations against North Korea as a very serious form of political provocation.
Kim Yo-jong, North Korean leader’s sister, says they don’t have “need” to sit face to face with “so unreliable” people. Pyongyang announces the launch of several missiles, the fourth rehearsal in less than a week
Sister of the Leader of the DPRK: If the US Wants to Denuclearize so Much, Let It Start with Itself.
Kim Yo-jung, the DPRK leader ' s sister Kim Jong-un and head of the Korean Labour Party ' s CD Department, commented on the situation with the negotiating process, referring to some letters to resume negotiations with the US on the so-called denuclearization of the Korean peninsula.
North Korea sees no point in sitting down with the United States at the moment, Kim Yo-jong, the sister of North Korean leader Kim Jong-un, said on Tuesday. The senior politician also strongly rejected allegations that Pyongyang was behind the theft of more than $6 billion from the Binance cryptocurrency exchange.
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