YONHAP · 2026-11-03 14:44 UTC

U.S. reiterates concerns over N. Korean cybercrime following Kim Yo-jong's denial of Binance theft

The U.S. State Department reiterated concerns about North Korea's use of cybercrime to finance weapons programs, following Kim Yo-jong's denial of FBI allegations that Pyongyang stole over $6 billion from Binance. The FBI linked the theft to a North Korean hacking group called TraderTraitor, previously tied to other cryptocurrency heists. A State Department spokesman stated that North Korea has increasingly turned to cybercrime to circumvent sanctions and fund weapons programs, with cryptocurrency heists becoming a significant part of this strategy.

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