THE STREET · 2026-11-02 23:03 UTC

North Korea denies FBI's $6B Binance hack claim

North Korea denied FBI claims that its state-sponsored hackers stole $6 billion from Binance, calling the attribution 'absurd rhetoric' and a 'grave political provocation.' Kim Yo Jong suggested the U.S. may have orchestrated the hack, noting the current administration plans to confiscate stolen crypto for a strategic reserve. The FBI attributed the October 29 Binance breach to North Korean actors tracked as TraderTraitor, who have converted stolen assets primarily into Ether for laundering.

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