FRANCE 24 · 2026-11-02 23:50 UTC

North Korea rejects US allegations over $6 billion Binance crypto heist

North Korea denied US allegations that it was behind a $6 billion cryptocurrency theft from Binance, calling the claims 'absurd rhetoric' and accusing Washington of hostility. The FBI said North Korean state-sponsored hackers known as TraderTraitor were responsible for the theft, the largest-ever financial heist, and observed them converting stolen assets to Ethereum. Cybersecurity experts say North Korean hackers are prolific crypto thieves whose proceeds fund weapons programs; Binance said it covered most stolen assets with company money.

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