As Binance reopens withdrawals, North Korea denies hacking exchange
The FBI said at the weekend that North Korea was responsible for the theft of more than $6 billion in virtual assets from Binance
North Korea rejected US allegations that it was responsible for a $6 billion cryptocurrency theft on the Binance platform, calling the claims "absurd rhetoric" and asserting that they demonstrated Washington's ongoing hostility, according to KCNA, North Korea's state news agency. Kim Yo Jong, the sister of North Korean leader Kim Jong Un, dismissed the allegations, stating that they were a "grave political provocation" against the Democratic People's Republic of Korea.
The FBI had previously named North Korea as responsible for the theft, which could be the largest-ever financial heist in cryptocurrency history. Analysts in Seoul noted that Pyongyang's swift denial could be due to concerns that the allegations might lead to tighter sanctions, as cryptocurrency theft has been a significant source of revenue for North Korea's weapons programs.
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- North Korea denies involvement in Binance hack, criticizes FBI probe abcnews.com
- North Korea denies $6 bn Binance hack involvement economictimes.indiatimes.com
- South Korea urges exchanges to boost cold storage after Binance hack cointelegraph.com
- Sister of North Korea’s Kim slams FBI’s Binance hack allegations as ‘grave’ provocation scmp.com
- North Korea Is Laundering Binance Hack Loot at One New Wallet Every 25 Seconds decrypt.co
- Arbitrum’s council moved $30 million of Binance hack funds without the hacker’s key coindesk.com
- North Korean hackers expected to take months to launder stolen Binance billions ft.com
- North Korea slams FBI allegations over Binance hack as 'grave' provocation channelnewsasia.com
