US reiterates concerns over N. Korean cybercrime following Kim Yo-jong's denial of Binance theft
WASHINGTON — The United States on Tuesday reiterated concerns over North Korea's use of cybercrime to finance its weapons programs, following a denial from the North Korean leader's sister Kim Yo-jong of allegations that Pyongyang was behind a multibillion-dollar theft from cryptocurrency exchange Binance. On Tuesday (Korean time), the powerful sister of North Korean leader Kim Jong-un flatly…
WASHINGTON — The United States has once again expressed its concerns over North Korea's utilization of cybercrime to fund its weapons programs, following North Korea's sister, Kim Yo-jong, who denied allegations that Pyongyang was behind a massive $6 billion cryptocurrency heist from exchange Binance. On Tuesday, Kim Yo-jong dismissed the findings of the U.S. Federal Bureau of Investigation (FBI) which accused North Korea for the crypto theft, labeling it as a "grave political provocation" against the North.
The FBI traced the theft to a North Korean hacking group called TraderTraitor, a group previously linked to other cryptocurrency heists. The U.S. State Department spokesman informed Yonhap News Agency that the issue of DPRK cybercrime is a global problem affecting companies and nations worldwide, including the United States, in response to the department's query about the matter.
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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