Explainer
Why does Pyongyang call the FBI's Binance accusation absurd?
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The FBI says North Korean hackers orchestrated the Binance theft. From Pyongyang, Kim Yo Jong calls the claim absurd rhetoric that offers nothing new and repeats earlier US accusations over the Bybit attack, part of a pattern of pinning every cybercrime on North Korea.
Pyongyang
The FBI ties the same TraderTraitor group to the $1.5 billion Bybit hack, and Kim Yo Jong says the new claim simply repeats that accusation. Binance's own estimate of its losses is $6.3 billion, far larger.
- Binance theft (Binance estimate)6.3
- Bybit hack (February 2025)1.5
Kim Yo Jong's statement puts it this way: This is not the first time that the U.S. has attempted to spread misunderstanding of the DPRK in the international community.
“This is not the first time that the U.S. has attempted to spread misunderstanding of the DPRK in the international community”
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The story
North Korea denies Binance crypto heist, calling FBI blame a 'provocation'Read the article
Based on reports by
- SAPONorth Korea rejects links to Binance cyberattack
- The IndependentNorth Korea denies involvement in Binance hack and criticizes FBI probe as 'a trite provocation'
- Mediafax.roThe biggest heist in cryptocurrency history. North Korea rejects FBI accusations regarding the attack on Binance
- Bloomberg BusinessNorth Korea Denies Role in $6.3 Billion Binance Crypto Heist
- Bloomberg BusinessHow Crypto Hacks Became North Korea's ATM
- Η ΝαυτεμπορικήNorth Korea: FBI accusations for the $6 billion cyber theft are a “serious political provocation”