KOREA TIMES · 2026-11-05 22:57 UTC

S. Korea should deepen work with US, Japan on sanctions against NK after Binance theft: expert

The FBI attributed the theft of more than $6 billion in cryptocurrency from Binance to North Korea, which rejected the accusation as a "grave political provocation." TRM Labs' Ari Redbord urged South Korea to deepen joint work with the US and Japan, and said the window to freeze stolen funds is hours or days, not months. South Korea's unification ministry said sanctions talks had not begun, and the foreign ministry said possible unilateral cyber sanctions were under internal review with no decision made.

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