North Korea denies role in $6.3B Binance hack, points finger at US
Pyongyang has pushed back against the FBI’s attribution of the Binance attack, with Kim Yo Jong calling the US allegations politically motivated.
North Korea has denied allegations that it orchestrated a $6.3 billion hack of Binance, with the sister of North Korean leader Kim Jong Un suggesting the US could be behind the theft. In a statement published by the Korean Central News Agency (KCNA), Kim Yo Jong rejected the FBI's claim that a North Korean-backed hacking group was responsible for the attack.
She claimed the FBI was attempting to brand the Democratic People's Republic of Korea (DPRK) as a "cyber criminal state" and accused the United States of spreading misinformation. Kim also pointed the finger at the US for involvement in a $1.5 billion hack of Bybit in February 2025, without providing evidence. The FBI has also accused North Korea of the Bybit hack.
Blockchain intelligence firms, including TRM Labs, Chainalysis, and ZachXBT, have linked the Binance attack to North Korean hackers, citing onchain and offchain intelligence. However, TRM Labs noted that the laundering activity differed from that seen in previous North Korean attacks. Authorities have not provided any evidence connecting the United States to the Binance hack.
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