North Korea denies being behind record $6.3bn Binance hack
Summary
North Korea denied responsibility for a reported $6.3 billion hack of cryptocurrency exchange Binance. Kim Yo-jong called the accusations a political provocation, while U.S. agencies and blockchain analysts have attributed the attack to a North Korean state-backed hacking group.Key Facts
- Kim Yo-jong, the sister of North Korean leader Kim Jong Un and a senior official, issued the denial.
- She said the allegations were an attempt by the United States to damage North Korea’s public image.
- The FBI, the Secret Service and cyber analysts have said North Korea orchestrated the hack.
- Investigators and blockchain analysts have linked the attack to TraderTraitor, also known as the Lazarus Group.
- The Lazarus Group was blamed for a $1.5 billion hack of crypto exchange Bybit in 2025.
- The FBI has urged industry partners to block transactions involving cryptocurrency accounts linked to the group.
- The article says Binance has focused its public statements on the breach’s technical aspects and its response to protect users.
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