Politics1 min read

North Korea says claims linking it to Binance heist are 'absurd rhetoric,' KCNA says

By · Published by Everything Blog

In short

The United States recently accused North Korea of stealing over $6 billion in virtual assets from the Binance cryptocurrency exchange. In response, ruling party official Kim Yo Jong issued a formal rebuttal carried by state media, dismissing the American claims as familiar rhetoric. She argued that the FBI is actively trying to label her country as a cyber criminal state without justification. Furthermore, Pyongyang asserted that Washington is misleading international public opinion regarding global cyber crime responsibility.

Key points

  • North Korean leadership labeled the American theft accusations as a grave political provo…: North Korean leadership labeled the American theft accusations as a grave political provocation aimed at damaging its global reputation.
  • The disputed Binance incident is being described by the FBI as potentially the largest fi…: The disputed Binance incident is being described by the FBI as potentially the largest financial heist in history.
  • Pyongyang maintains that the United States is intentionally misleading international publ…: Pyongyang maintains that the United States is intentionally misleading international public opinion regarding blame for worldwide cyber crimes.

Sources checked by our analysis pipeline: 1

SEOUL, Nov 3 : North Korea said on Tuesday claims by the US that it was behind the cryptocurrency heist from the Binance platform is "absurd rhetoric" that is nothing new, state news agency KCNA said.

The FBI said at the weekend that North Korea was responsible for the theft of more than $6 billion in virtual assets from the Binance exchange in what could be the largest-ever financial heist.

"The FBI is trying to brand the DPRK as a 'cyber criminal state,' claiming that it obtained information that a hacking organization 'supported' by the DPRK was involved in the incident," KCNA quoted Kim Yo Jong, a ruling party official as saying.

Kim is the influential sister of the country's leader Kim Jong Un. DPRK is a short form for the Democratic People's Republic of Korea.

"But the US assertion is an absurd rhetoric and nothing new," Kim said.

"It is a grave political provocation against the DPRK that the US misleads the international public opinion as if all the cyber crimes in different parts of the world are our…

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