North Korean authorities have rejected findings from the FBI, the US Secret Service, and cybersecurity analysts that blame the state-backed Lazarus Group for the historic $6.3bn cryptocurrency breach. Kim Yo-jong described the accusations as absurd rhetoric aimed at misleading global public opinion. Blockchain investigators previously tied the same cyber unit, also known as TraderTraitor, to a $1.5bn digital heist on the exchange Bybit in 2025. While the targeted platform has concentrated public messaging on user security and technical data, US officials are urging industry partners to halt related asset transfers.
Key points
United States law enforcement and cybersecurity analysts have officially classified the b…: United States law enforcement and cybersecurity analysts have officially classified the breach as the largest cyber theft in history.
The Federal Bureau of Investigation is actively pressing crypto industry partners to free…: The Federal Bureau of Investigation is actively pressing crypto industry partners to freeze and block transactions linked to the hackers.
Binance has restricted its external communications to technical aspects of the security f…: Binance has restricted its external communications to technical aspects of the security failure alongside ongoing user protection measures.
Sources checked by our analysis pipeline: 1
- Published
North Korea has denied claims that it was behind the record $6.3bn (£4.7bn) hack of cryptocurrency exchange Binance, calling the allegations an "absurd rhetoric".
Kim Yo-jong, one of the Democratic People's Republic of Korea's top officials and the sister of leader Kim Jong Un, said in a statement on Tuesday that the accusations are another "sinister attempt" by the US to damage the country's public image.
The US Federal Bureau of Investigation (FBI), the Secret Service and cyber analysts have said North Korea orchestrated the hack - describing it as the largest in history.
Pyongyang has also been blamed for a number of major cyber attacks - accusations that it has consistently denied.
Blockchain analysts and the FBI have said the attack was led by state-backed hacking group TraderTraitor.
The unit is also known as the Lazarus Group, which was blamed for a then-record $1.5bn hack of crypto exchange Bybit in 2025.
The FBI has called on industry partners to help block transactions involving cryptocurrency accounts linked to the group.
OpenAI has seen its user base double since January, turning India into the platform's leading market for weekly active users ahead of planned payment integrations. Meanwhile, domestic mobility and space startups are accelerating their commercial footprint both locally and internationally. In response to expanding technological activity, the central government is considering strengthening statutory cybersecurity enforcement to mirror Western oversight frameworks.
Pyongyang has strongly pushed back against American assertions attributing a multibillion-dollar digital asset theft to its state-sponsored cyber operations. Meanwhile, investigators are actively mapping out sophisticated cross-network laundering schemes to contain the fallout. The incident has spurred extensive asset freezes and prompted phased recovery protocols for impacted exchange customers.
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