KOREA TIMES · 2026-11-03 16:27 UTC

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

US State Department reiterated concerns over North Korea's use of cybercrime to fund weapons programs, following Kim Yo-jong's denial of FBI allegations that Pyongyang stole over $6 billion from Binance. FBI linked the theft to North Korean hacking group TraderTraitor; State Department said cryptocurrency theft and laundering have become a significant part of North Korea's strategy to evade sanctions. US works with allied countries to disrupt North Korean cyber threats; North Korea has previously denied involvement in cyber thefts, and Kim Yo-jong's statement on a hacking incident is rare.

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