North Korea Denies Responsibility for $6.3B Binance Hack

North Korea rejected US investigators’ claim that it was responsible for the $6.3 billion Binance hack, with Kim Yo Jong, a Workers’ Party Central Committee department director and sister of leader Kim Jong Un, calling Washington’s accusation a political provocation in a KCNA statement on November 3. She said the United States had repeatedly tied North Korea to major crypto thefts without justification, including last year’s $1.5 billion Bybit hack. The FBI attributed the Binance attack to the DPRK and named state-linked TraderTraitor as converting stolen assets to ETH and moving them to hide their origin; TRM Labs and Chainalysis agreed. Binance halted withdrawals and brought in law enforcement, later resuming them as users withdrew more than $4 billion.