North Korea denies involvement in $6 bil. Binance crypto platform heist
BEIJING (Kyodo) -- North Korea denied a U.S. accusation that it was involved in the theft of assets worth more than $6 billion from the Binance crypto
North Korea has firmly denied accusations by the United States that it was involved in a massive cyber heist from the Binance cryptocurrency platform, valued at over $6 billion. Kim Yo Jong, the sister of North Korean leader Kim Jong Un, dismissed the FBI's claims as "absurd rhetoric" and described it as a "grave political provocation" against the country.
The FBI has identified a group called "TraderTraitor" as responsible for the theft, which involved converting stolen assets into cryptocurrencies such as Ether. The U.S. has urged relevant companies to block transactions linked to specific blockchain addresses to prevent further laundering of the stolen assets. North Korea has not responded to U.S. President Donald Trump's repeated calls for resuming summit diplomacy, and the country has continued to advance its missile and nuclear capabilities.
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