North Korea denies Binance hack role, calls FBI accusation a 'trite provocation'

independent.co.uk —

North Korea denied involvement in the Binance cryptocurrency heist, calling the FBI's accusation a "trite provocation" in a statement from Kim Yo Jong on Tuesday. The FBI attributed the theft of over $6 billion from Binance to the North Korean hacking group TraderTraitor, which was also linked to a $1.5 billion Bybit hack last year. Kim Yo Jong dismissed the claim as "absurd rhetoric." Experts say North Korea has increasingly relied on cryptocurrency theft to fund its economy and nuclear program amid sanctions. The denial follows recent North Korean weapons tests and President Trump's remarks that investigators were unsure of Pyongyang's involvement.


With a significance score of 3.1, this news ranks in the top 10% of today's 32537 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers: