North Korea Rejects Allegations of Involvement in Record $6.3 Billion Binance Hack

North Korea has denied claims that it was behind the record $6.3 billion hack of cryptocurrency exchange Binance, dismissing the allegations as “absurd rhetoric.”

Kim Yo-jong, a senior official in the Democratic People’s Republic of Korea and sister of leader Kim Jong Un, stated on Tuesday that the accusations represent a “sinister attempt” by the United States to tarnish the country’s international reputation.

The U.S. Federal Bureau of Investigation, the Secret Service, and independent cyber analysts have attributed the breach—reported as the largest in history—to North Korean state-sponsored actors. Pyongyang has also faced blame for numerous other major cyberattacks, allegations it has consistently rejected.

Blockchain investigators and the FBI identified the state-backed hacking group TraderTraitor as the perpetrator of the Binance intrusion. The FBI has urged industry partners to assist in blocking transactions linked to cryptocurrency accounts associated with the group.

“The U.S. has made a trite provocation by linking this incident to the Democratic People’s Republic of Korea once again,” Kim Yo-jong, director of North Korea’s General Affairs Department, said in a statement. “It is a grave political provocation against the DPRK that the U.S. misleads international public opinion into believing that all cybercrimes occurring around the world are our doing.”

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