North Korea denies FBI allegations of $6.3B Binance crypto heist

cybersecurity internet

The FBI and US government agencies, along with cyber analysts, have attributed a record-breaking cryptocurrency theft from the Binance exchange to North Korean hackers. The heist, described as the biggest on record, involved the theft of over $6 billion, with some reports specifying the amount as $6.3 billion. The FBI specifically identified a North Korea-affiliated hacking group called TraderTraitor as being behind the attack.

Blockchain researchers have traced billions in stolen cryptocurrency across networks following the incident. US officials noted that North Korea has prioritized cyber operations and built a formidable cyber force to carry out such activities.

North Korea has denied its involvement, dismissing the U.S. announcement as a trite provocation. Kim Yo Jong, the sister of the North Korean leader, called the allegations absurd rhetoric and nothing new. Pyongyang accused Washington of seeking to portray the country as a cybercriminal state and warned that this hostility could affect future diplomatic engagement.

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