North Korea slams FBI over allegations of being behind Binance hack
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Tue, 3 Nov 2026, 13:32
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North Korea has rejected FBI allegations linking it to a reported $6 billion theft from cryptocurrency exchange Binance, with Kim Yo Jong describing the accusation as a “grave political provocation”.In a statement carried by the state-run Korean Central News Agency on Tuesday, November 3, the sister of North Korean leader Kim Jong Un dismissed the allegation as “absurd rhetoric and nothing new”. The FBI said on Saturday that TraderTraitor, a hacking group it associates with North Korea, was responsible for the Binance attack.The same group was blamed for the theft of $1.5 billion from Bybit in February last year.
Context & Background
✦She referred to previous US accusations connecting North Korea to the major attack on cryptocurrency platform Bybit last year.“It is a grave political provocation against the DPRK that the US misleads the international public opinion as if all the cyber crimes in different parts of the world are our deeds,” she said, using the abbreviation for North Korea’s official name.
Key Figures & Named Entities
Tuesday:North Korea has rejected FBI allegations linking it to a reported $6 billion theft from cryptocurrency exchange Binance, with Kim Yo Jong describing the accusation as a “grave political provocation”.In a statement carried by the state-run Korean Central News Agency on Tuesday, November 3, the sister of North Korean leader Kim Jong Un dismissed the allegation as “absurd rhetoric and nothing new”.Saturday:The FBI said on Saturday that TraderTraitor, a hacking group it associates with North Korea, was responsible for the Binance attack.The same group was blamed for the theft of $1.5 billion from Bybit in February last year.Friday:News of the reported attack was followed by sharp falls in the prices of most major cryptocurrencies on Friday, October 30.Despite the FBI’s attribution, US President Donald Trump expressed uncertainty about North Korea’s involvement when questioned on Saturday, October 31.
Outlook & Next Steps
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Key Takeaways
Verified Extract
✦North Korea has rejected FBI allegations linking it to a reported $6 billion theft from cryptocurrency exchange Binance, with Kim Yo Jong describing the accusation as a “grave political provocation”.In a statement carried by the state-run Korean Central News Agency on Tuesday, November 3, the sister of North Korean leader Kim Jong Un dismissed the allegation as “absurd rhetoric and nothing new”.
✦The FBI said on Saturday that TraderTraitor, a hacking group it associates with North Korea, was responsible for the Binance attack.The same group was blamed for the theft of $1.5 billion from Bybit in February last year.
✦She referred to previous US accusations connecting North Korea to the major attack on cryptocurrency platform Bybit last year.“It is a grave political provocation against the DPRK that the US misleads the international public opinion as if all the cyber crimes in different parts of the world are our deeds,” she said, using the abbreviation for North Korea’s official name.
Key Facts:Tuesday: North Korea has rejected FBI allegations linking it to a reported $6 billion theft from cryptocurrency exchange Binance, with Kim Yo Jong describing the accusation as a “grave political provocation”.In a statement carried by the state-run Korean Central News Agency on Tuesday, November 3, the sister of North Korean leader Kim Jong Un dismissed the allegation as “absurd rhetoric and nothing new”.Saturday: The FBI said on Saturday that TraderTraitor, a hacking group it associates with North Korea, was responsible for the Binance attack.The same group was blamed for the theft of $1.5 billion from Bybit in February last year.Friday: News of the reported attack was followed by sharp falls in the prices of most major cryptocurrencies on Friday, October 30.Despite the FBI’s attribution, US President Donald Trump expressed uncertainty about North Korea’s involvement when questioned on Saturday, October 31.
North Korea has rejected FBI allegations linking it to a reported $6 billion theft from cryptocurrency exchange Binance, with Kim Yo Jong describing the accusation as a “grave political provocation”.In a statement carried by the state-run Korean Central News Agency on Tuesday, November 3, the sister of North Korean leader Kim Jong Un dismissed the allegation as “absurd rhetoric and nothing new”.
What additional context is highlighted in this report?
The FBI said on Saturday that TraderTraitor, a hacking group it associates with North Korea, was responsible for the Binance attack.The same group was blamed for the theft of $1.5 billion from Bybit in February last year.
What timeline or key figures were confirmed?
North Korea has rejected FBI allegations linking it to a reported $6 billion theft from cryptocurrency exchange Binance, with Kim Yo Jong describing the accusation as a “grave political provocation”.In a statement carried by the state-run Korean Central News Agency on Tuesday, November 3, the sister of North Korean leader Kim Jong Un dismissed the allegation as “absurd rhetoric and nothing new”.
