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North Korea rejects US allegations over $6 billion Binance crypto heist

North Korea rejects US allegations over $6 billion Binance crypto heist

Summary

North Korea denied U.S. allegations that it was responsible for stealing more than $6 billion in cryptocurrency from Binance. Kim Yo Jong called the allegations a political provocation and warned that U.S. hostility could affect future diplomatic engagement.

Key Facts

  • The FBI said a North Korean state-sponsored group known as TraderTraitor was responsible for the Binance attack.
  • Kim Yo Jong, the sister of North Korean leader Kim Jong Un, issued the denial through state news agency KCNA.
  • Kim called the U.S. allegations “absurd rhetoric” and accused Washington of portraying North Korea as a cybercriminal state.
  • The FBI said the stolen assets were being converted to Ethereum and could be laundered further.
  • Binance said it had covered most of the stolen assets using company funds.
  • Kim said North Korea would reconsider unspecified issues in light of what she described as U.S. hostility.
  • The article said North Korea had not publicly responded to Donald Trump's offers to resume summit diplomacy.
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