U.S. reiterates concerns over N. Korean cybercrime following Kim Yo-jong's denial of Binance theft
WASHINGTON, Nov. 3 (Yonhap) -- The United States on Tuesday reiterated concerns ...
Washington — On Tuesday, the United States again expressed its concerns regarding North Korea's utilization of cybercrime to fund its military endeavors, in response to a statement from Kim Yo-jong, sister of the North Korean leader Kim Jong-un, denying any involvement in a massive cryptocurrency heist from Binance. That same day, Kim Yo-jong dismissed the findings of the U.S. Federal Bureau of Investigation (FBI), which accused Pyongyang of orchestrating a $6 billion cryptocurrency theft from Binance, the world's leading cryptocurrency exchange.
Kim referred to the allegations as a "grave political provocation" against North Korea. The FBI traced the theft to a North Korean hacking group known as TraderTraitor, a label previously associated with other cryptocurrency robberies. The United States State Department representative, addressing Yonhap News Agency, emphasized that North Korea's cybercrime issues impact global businesses and regions, including the United States, when questioned about the department's response to the situation.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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