North Korea rejects US accusation over $6.3bn Binance hack
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Punch Newspaper
Reported by Okiki Adeduyite
Tue, 3 Nov 2026, 06:18
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Source Attribution: Punch Newspaper
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The denial followed an announcement by the United States Federal Bureau of Investigation on Saturday that North Korea was responsible for stealing more than $6bn in virtual assets from Binance, the world’s largest cryptocurrency exchange. Kim Yo Jong, sister of North Korea’s leader Kim Jong Un, attends a reception in the Great Hall of People following a military parade marking the 80th anniversary of victory over Japan and the end of World War II, in Beijing on Sep 3, 2025. (File photo: AFP/Jade Gao) North Korea has denied allegations that it was behind the theft of about $6.3bn from cryptocurrency exchange Binance, describing the United States’ accusation as a political provocation, BBC reports on Tuesday.
Context & Background
✦Kim Yo Jong, the influential sister of North Korean leader Kim Jong Un, said the allegation was an attempt by Washington to portray her country as responsible for cybercrimes around the world.
Key Figures & Named Entities
2025:Kim Yo Jong, sister of North Korea’s leader Kim Jong Un, attends a reception in the Great Hall of People following a military parade marking the 80th anniversary of victory over Japan and the end of World War II, in Beijing on Sep 3, 2025. (File photo: AFP/Jade Gao) North Korea has denied allegations that it was behind the theft of about $6.3bn from cryptocurrency exchange Binance, describing the United States’ accusation as a political provocation, BBC reports on Tuesday.Tuesday:Kim made the remarks in a written statement carried by North Korea’s state-run Korean Central News Agency on Tuesday, according to Reuters.Saturday:The denial followed an announcement by the United States Federal Bureau of Investigation on Saturday that North Korea was responsible for stealing more than $6bn in virtual assets from Binance, the world’s largest cryptocurrency exchange.
Outlook & Next Steps
Follow original publisher reporting for subsequent developments, official responses, and verified updates.
Key Takeaways
Verified Extract
✦The denial followed an announcement by the United States Federal Bureau of Investigation on Saturday that North Korea was responsible for stealing more than $6bn in virtual assets from Binance, the world’s largest cryptocurrency exchange.
✦Kim Yo Jong, sister of North Korea’s leader Kim Jong Un, attends a reception in the Great Hall of People following a military parade marking the 80th anniversary of victory over Japan and the end of World War II, in Beijing on Sep 3, 2025. (File photo: AFP/Jade Gao) North Korea has denied allegations that it was behind the theft of about $6.3bn from cryptocurrency exchange Binance, describing the United States’ accusation as a political provocation, BBC reports on Tuesday.
✦Kim Yo Jong, the influential sister of North Korean leader Kim Jong Un, said the allegation was an attempt by Washington to portray her country as responsible for cybercrimes around the world.
Key Facts:2025: Kim Yo Jong, sister of North Korea’s leader Kim Jong Un, attends a reception in the Great Hall of People following a military parade marking the 80th anniversary of victory over Japan and the end of World War II, in Beijing on Sep 3, 2025. (File photo: AFP/Jade Gao) North Korea has denied allegations that it was behind the theft of about $6.3bn from cryptocurrency exchange Binance, describing the United States’ accusation as a political provocation, BBC reports on Tuesday.Tuesday: Kim made the remarks in a written statement carried by North Korea’s state-run Korean Central News Agency on Tuesday, according to Reuters.Saturday: The denial followed an announcement by the United States Federal Bureau of Investigation on Saturday that North Korea was responsible for stealing more than $6bn in virtual assets from Binance, the world’s largest cryptocurrency exchange.$6.36: According to the Associated Press, blockchain intelligence firm TRM estimated that about $6.36bn was transferred from Binance wallets across 10 blockchains, with most of the transactions completed within about 20 minutes.
Editorial Excerpt
North Korea has denied US allegations that it was behind the theft of about $6.3bn from cryptocurrency exchange Binance, calling it a political provocation
Frequently Asked Questions About This Story
What is the key takeaway from this report?
The denial followed an announcement by the United States Federal Bureau of Investigation on Saturday that North Korea was responsible for stealing more than $6bn in virtual assets from Binance, the world’s largest cryptocurrency exchange.
What additional context is highlighted in this report?
Kim Yo Jong, sister of North Korea’s leader Kim Jong Un, attends a reception in the Great Hall of People following a military parade marking the 80th anniversary of victory over Japan and the end of World War II, in Beijing on Sep 3, 2025. (File photo: AFP/Jade Gao) North Korea has denied allegations that it was behind the theft of about $6.3bn from cryptocurrency exchange Binance, describing the United States’ accusation as a political provocation, BBC reports on Tuesday.
What timeline or key figures were confirmed?
Kim Yo Jong, sister of North Korea’s leader Kim Jong Un, attends a reception in the Great Hall of People following a military parade marking the 80th anniversary of victory over Japan and the end of World War II, in Beijing on Sep 3, 2025. (File photo: AFP/Jade Gao) North Korea has denied allegations that it was behind the theft of about $6.3bn from cryptocurrency exchange Binance, describing the United States’ accusation as a political provocation, BBC reports on Tuesday.
