North Korea Denies FBI Claims in $6.3 Billion Binance Hack, Kim Yo Jong Calls US Allegations Politically Motivated

CoinTelegraph · 2026-11-02
North Korea Denies FBI Claims in $6.3 Billion Binance Hack, Kim Yo Jong Calls US Allegations Politically Motivated

North Korea has officially denied involvement in the recent $6.3 billion hack of cryptocurrency exchange Binance, pushing back against the FBI's attribution of the attack. Kim Yo Jong, the influential sister of leader Kim Jong Un, dismissed the US allegations as politically motivated, according to a statement reported by state media. The FBI had previously identified North Korean state-sponsored hackers as responsible for the theft, which ranks among the largest cryptocurrency heists in history. The denial comes amid heightened tensions between Washington and Pyongyang, with the North framing the accusation as part of a broader campaign to tarnish its image. Cybersecurity experts note that North Korea has a track record of using cryptocurrency theft to fund its weapons programs, but Pyongyang insists it has no connection to the Binance incident. The exchange has not yet commented on the latest development, though it has pledged to enhance security measures. As investigations continue, the standoff underscores the growing role of digital assets in geopolitical conflicts and the challenges of attributing cyberattacks in an era of sophisticated state-sponsored hacking.