Politics1 min read

North Korea slams FBI allegations over Binance hack as 'grave' provocation

By · Published by Everything Blog

In short

Kim Yo Jong condemned the FBI's accusations through the KCNA state news agency, maintaining that Pyongyang rejects all malicious digital intrusions. Investigators previously tied the affiliated cyber group TraderTraitor to a separate $1.5 billion heist at Bybit last year before blaming them for the Binance incident. Despite the federal attribution, President Donald Trump publicly questioned the findings from Florida, remarking that investigators have not yet reached a definitive conclusion.

Key points

  • North Korean leadership vehemently denied any role in the cyberattack while accusing the…: North Korean leadership vehemently denied any role in the cyberattack while accusing the United States of hostile provocations.
  • Donald Trump publicly diverged from the FBI by stating investigators still do not know if…: Donald Trump publicly diverged from the FBI by stating investigators still do not know if North Korea was actually responsible.
  • Pyongyang has completely ignored diplomatic invitations and meeting overtures extended by…: Pyongyang has completely ignored diplomatic invitations and meeting overtures extended by Donald Trump since he took office.

Sources checked by our analysis pipeline: 1

The FBI said on Saturday that a North Korea-affiliated hacking group called TraderTraitor had been behind the hack.

SEOUL: North Korea on Tuesday (Nov 3) slammed the FBI's allegations that Pyongyang was behind the theft of US$6 billion from cryptocurrency platform Binance, with Kim Jong Un's powerful sister labelling it a "grave political provocation".

Kim Yo Jong, in a statement released on Tuesday by the KCNA state news agency, said the FBI's claim was "absurd rhetoric and nothing new", given prior US allegations that North Korea was behind last year's major hack of Bybit.

"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 deeds," Kim said, using the acronym for North Korea's official name.

The FBI said on Saturday that a North Korea-affiliated hacking group called TraderTraitor had been behind the hack.

TraderTraitor is the same group blamed for a US$1.5 billion theft from the Bybit platform in February last year, which had been the largest crypto theft…

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