DECRYPT · 2026-11-03 10:18 UTC

North Korea Denies $6.3B Binance Hack, Calls FBI Finding a 'Political Provocation'

North Korea denied FBI attribution of the $6.3B Binance hack, calling it a 'grave political provocation' and suggesting the U.S. may be behind it to acquire stolen crypto as a strategic reserve. Hackers are laundering funds at roughly one new wallet every 25 seconds across 12,000 wallets; $2.85B of $6.43B stolen has been frozen or seized. Binance resumed withdrawals with $4.72B withdrawn since Sunday; hourly deposits exceeded withdrawals by Monday evening, and the exchange verified backing for its 10 largest tokens including BTC and ETH.

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