North Korea Denies $6.3B Binance Hack, Calls FBI Finding a 'Political Provocation'
Summary
North Korea rejected the FBI’s claim that its TraderTraitor hackers stole more than $6 billion from Binance, calling the accusation a political provocation. The FBI’s attribution matched findings from TRM Labs and Chainalysis. Analysts said laundering was occurring across thousands of wallets, while about $2.85 billion had been frozen or seized. Binance reported withdrawals had stabilized, restored withdrawals for more tokens, and enabled users to verify reserves for its 10 largest tokens. It said it had covered about 95% of the stolen assets and planned a broader reserves snapshot.
