North Korea rejects US allegations over Binance cryptocurrency theft
Summarised from 4 outlets · Updated 3 Nov, 00:03 · Archive
North Korea has dismissed US allegations that it stole $6 billion in cryptocurrency from Binance.
The FBI alleged over the weekend that North Korea was responsible for stealing more than $6 billion in virtual assets from Binance, the world's largest cryptocurrency exchange, in what could be the largest financial heist ever.
Kim Yo Jong, an influential ruling party official and sister of leader Kim Jong Un, rejected the allegations on Tuesday through North Korea's state news agency KCNA. She described the US assertion as 'absurd rhetoric and nothing new', and called the accusations 'a grave political provocation against the DPRK'. Kim said the US was 'misleading international public opinion as if all the cybercrimes in different parts of the world are our deeds'.
Kim Yo Jong warned that North Korea had 'issues to reconsider' regarding what it characterises as US hostility, suggesting that American allegations could affect future diplomatic engagement. The denial comes as Pyongyang has remained silent on US President Donald Trump's recent overtures to resume summit diplomacy.
Cybersecurity experts have noted that North Korean hackers are among the world's most prolific cryptocurrency thieves, with proceeds reportedly helping to fund the country's weapons programmes.
How it is being reported
- North Korea denies being behind record $6.3bn Binance hackUS government agencies and cyber analysts have blamed Pyongyang for the record-breaking heist.BBC News · 3 Nov, 00:56
- North Korea denies involvement in Binance hack and criticizes FBI probe as 'a trite provocation'North Korea has denied its involvement in the recent cryptocurrency heist at Binance, dismissing as “a trite provocation” a U.S. announcement that North Korean hackers were behind the incidentIndependent World · 2 Nov, 23:57
- North Korea rejects US allegations over $6 billion Binance crypto heistNorth Korea on Tuesday dismissed US allegations that it was behind a $6 billion cryptocurrency theft from Binance as "absurd rhetoric", accusing Washington of seeking to portray the country as a cybercriminal state and warning that US hostility could affect future diplomatic engagement.France 24 · 2 Nov, 23:49
- North Korea calls U.S. claims it was behind Binance hack ‘a grave political provocation’Kim Yo Jong, the powerful sister of the North Korean leader, called the allegations "absurd rhetoric and nothing new."The Japan Times · 2 Nov, 23:32
In this story: North Korea · United States · Kim Yo Jong · Kim Jong Un · Binance · FBI · Donald Trump
This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem · Corrections log
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