{
  "id": 17902035,
  "title": "North Korea denies being behind record $6.3bn Binance hack",
  "url": "https://urgent.news/2026/11/03/north-korea-denies-being-behind-record-6-3bn-binance-hack-17902035",
  "topic": "world",
  "section": "World",
  "published": "2026-11-03T02:07:00.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "url": "https://www.myjoyonline.com/north-korea-denies-being-behind-record-6-3bn-binance-hack/"
  },
  "original_language": "en",
  "account": "North Korea has firmly rejected allegations that it orchestrated a massive $6.3 billion cyberattack on cryptocurrency exchange Binance, labeling the claims as \"absurd rhetoric.\" Kim Yo-jong, a high-ranking official and sister of North Korean leader Kim Jong Un, stated that the accusations are merely a \"sinister attempt\" by the US to tarnish Pyongyang's image. The FBI, Secret Service, and cyber analysts have all pointed to North Korea as the culprit behind the largest hacking incident in history. This is not the first time North Korea has been linked to such an attack; they have been accused of using cybercrime as a means to fund their sanctioned economy. A state-sponsored hacking group known as TraderTraitor, also known as the Lazarus Group, is believed to have led the Binance assault. The FBI has requested industry partners to help block transactions involving cryptocurrency accounts associated with the group. Kim Yo-jong dismissed these accusations as a \"grave political provocation,\" claiming that the US is misleading the international public opinion by falsely attributing cybercrimes to North Korea. However, Pyongyang has a history of being accused of major cyberattacks, which it consistently denies. The state has allegedly built its cyber operations by recruiting talented university students and placing them in hacker units under the North Korean intelligence agency. Despite the cyberattacks, North Korea has maintained a firm stance against malicious acts in cyberspace. Binance has primarily focused on the technical aspects of the breach and its efforts to protect users since the hack occurred. The company revealed that an engineer's laptop was compromised, allowing an attacker to make unauthorized withdrawals. Trading in major cryptocurrencies on Binance resumed after the exchange collaborated with issuers to freeze assets impacted by the hack. Binance reported that over $3.6 billion in assets were pulled out by customers as the platform reopened following the suspension of all transactions. The company has pledged to cover all losses related to the attack, having covered approximately 95% of the stolen funds so far.",
  "summary": "North Korea has denied claims that it was behind the record $6.3bn (£4.7bn) hack of cryptocurrency exchange Binance, calling the allegations \"absurd rhetoric\".",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "TechRadar",
        "title": "FBI confirms it thinks North Korean hackers hit Binance in record cryptocurrency heist",
        "url": "https://urgent.news/2026/11/02/fbi-confirms-it-thinks-north-korean-hackers-hit-binance-in-record",
        "published": "2026-11-02T16:20:00.000Z"
      },
      {
        "outlet": "BBC Technology",
        "title": "North Korea denies being behind record $6.3bn Binance hack",
        "url": "https://urgent.news/2026/11/03/north-korea-denies-being-behind-record-6-3bn-binance-hack",
        "published": "2026-11-03T01:23:03.000Z"
      },
      {
        "outlet": "Capital Business",
        "title": "North Korea denies being behind record $6.3bn Binance hack",
        "url": "https://urgent.news/2026/11/03/north-korea-denies-being-behind-record-6-3bn-binance-hack-17923690",
        "published": "2026-11-03T06:16:42.000Z"
      },
      {
        "outlet": "Punch Nigeria",
        "title": "North Korea rejects US accusation over $6.3bn Binance hack",
        "url": "https://urgent.news/2026/11/03/north-korea-rejects-us-accusation-over-6-3bn-binance-hack",
        "published": "2026-11-03T06:42:52.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}