North Korea's Kim Yo Jong rejects FBI blame for $6 billion Binance hack

On November 2, Kim Yo Jong, sister of North Korea’s leader and a Workers’ Party Central Committee department director, rejected the FBI’s accusation that North Korean hackers were responsible for a Binance theft exceeding $6 billion, describing it as unfounded and a grave political provocation. The FBI had said on October 31 that North Korea was responsible for the theft on or about October 29, labeling the activity TraderTraitor. Binance estimated the loss at about $6.3 billion, while Elliptic put it at $6.43 billion. Binance said it froze about $3 billion and had covered about 95% of the amount from its own funds.