North Korea Denies Involvement In Binance Hack-Questions the US
TL;DR North Korea denies responsibility for the reported $6.3 billion Binance hack, rejecting the FBI’s attribution of the attack to a state-linked hacking group. Kim Yo Jong, the sister of North Korean leader Kim Jong Un, described Washington’s allegations as politically motivated.
BITCOINIST EDITORBitcoinist · November 3, 2026 · 8h agoBrief · 1 min read
North Korea has rejected US accusations that its hackers carried out a reported $6.3 billion Binance theft. Kim Yo Jong, sister of leader Kim Jong Un, called the allegations politically motivated. She suggested that where recovered funds end up could offer clues, but presented no evidence tying Washington to the breach. The FBI had tied the incident to TraderTraitor, which American authorities link to Pyongyang. Its statement flagged linked wallet addresses and urged exchanges to block related transactions. Blockchain intelligence firms cite similarities with earlier North Korea-linked incidents, though the full forensic record is not yet public. Binance continues tracing the funds, and responsibility remains unresolved.
Why it matters: The dispute shows how attribution of major exchange thefts can become contested, affecting how exchanges and readers interpret security incidents.
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