COINDESK · 2026-11-03 09:40 UTC

North Korea denies role in $6.4 billion Binance hack after FBI points to TraderTraitor

North Korea's Kim Yo Jong denied FBI accusations that her regime was behind a $6.4 billion Binance hack, calling the claims a political attack and saying the U.S. blames North Korea for all major cybercrimes. The FBI attributed the October 29 Binance theft to TraderTraitor, a North Korean hacking operation, and identified cryptocurrency addresses associated with the stolen funds. Blockchain investigators linked the hack to North Korea's Lazarus Group; the U.S. has previously sanctioned this group and charged North Korean military hackers with attempting to steal over $1.3 billion.

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