YONHAP · 2026-11-05 21:57 UTC

S. Korea should deepen work with U.S., Japan on sanctions against N.K. after Binance theft: expert

U.S. cryptocurrency expert Ari Redbord called for South Korea to strengthen cooperation with the U.S. and Japan on sanctions against North Korea following a $6 billion cryptocurrency theft from Binance. The FBI attributed the theft to North Korean hackers; Pyongyang denied the accusation. Redbord emphasized speed is critical for freezing and recovering stolen funds within hours and days. South Korea's unification and foreign ministries said discussions on sanctions had not begun, with the foreign ministry internally reviewing possible measures including cyber sanctions.

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