North Korea Rejects U.S. Allegations Over Binance Cryptocurrency Hack

Kim Yo Jong, the sister of North Korean leader Kim Jong Un, described the U.S. allegations as “absurd rhetoric and nothing new” and a “grave political provocation” against North Korea. Her remarks were issued after the FBI accused TraderTraitor of carrying out the attack on Binance, one of the world’s largest cryptocurrency exchanges.

The scale of the alleged theft has made the dispute unusually significant for the cryptocurrency industry. BBC News and ABC Australia Sport described the hack as involving approximately $6.3 billion in cryptocurrency, although reporting on the precise value has not been fully consistent across the supplied accounts.

The FBI said TraderTraitor was a North Korean state-sponsored hacking group and accused it of stealing billions in digital assets. The bureau’s allegation is the specific U.S. claim documented in the reporting, while the broader assessment that Pyongyang was responsible has also been attributed by BBC News to U.S. government agencies and cyber analysts.

The available accounts do not provide the underlying evidence behind the U.S. attribution. North Korea’s response instead focused on rejecting the accusation and portraying it as part of Washington’s hostile policy. Kim Yo Jong also said North Korea had issues to reconsider in light of what she called the United States’ hostile attitude.

Attention has also turned to the movement of the stolen assets. CNBC reported that blockchain researchers were tracing billions of dollars in cryptocurrency across networks. That activity has not, by itself, resolved the dispute over who carried out the hack.

Binance customers also moved substantial amounts of money after the exchange lifted a temporary suspension on withdrawals. ABC Australia Sport reported that customers withdrew approximately $4.64 billion, while the company said it continued testing the remaining networks and assets.

Clarín reported strategic cruise-missile tests in proximity to the dispute and presented them alongside North Korea’s rejection of the FBI allegation. The precise timing and any causal connection between the tests and the hack accusations remain unclear, so the two developments cannot be treated as definitively linked on the available evidence.

The episode therefore combines a confirmed diplomatic denial with an attribution that remains contested by North Korea. The reported scale of the theft, the continued tracing of the funds and the customer withdrawals have widened the consequences beyond the question of responsibility, but the supplied reporting does not establish the final disposition of the assets or independently verify the evidence behind the U.S. claim.