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Digital currencies: North Korea calls US accusations of crypto theft "absurd"

In the Binance attack, cryptocurrencies worth more than six billion dollars are said to have been stolen. The FBI suspects North Korea is behind it; how Kim Yo Jong reacts to the accusation.

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Digital currencies: North Korea calls US accusations of crypto theft "absurd"

North Korea has denied US accusations that it was behind a massive theft of several billion dollars from the cryptocurrency exchange Binance. Kim Yo Jong, sister of leader Kim Jong Un, called the allegations "absurd" and a "serious political provocation". The US Federal Bureau of Investigation (FBI) claimed last week that a North Korea-backed hacking group was involved in the attack, which is believed to have resulted in losses of over $6 billion.

North Korean hackers have been linked to numerous cryptocurrency platform attacks in recent years, with the stolen funds allegedly used to finance the country's weapons programs.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

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