North Korea denies role in $6 billion Binance hack after FBI accusation
Summary
Kim Yo Jong rejected US claims that North Korea was behind the theft of more than $6 billion from Binance. The FBI attributed the Oct. 29 attack to its TraderTraitor operation and urged crypto businesses to block transactions linked to listed addresses. TRM Labs also attributed the attack to TraderTraitor, citing on-chain and off-chain evidence, and assessed that valid transfers across multiple blockchains may indicate compromise of Binance’s hot-wallet signing infrastructure. The FBI said stolen assets were being converted mainly into ether and could be laundered through DeFi and instant-swap services.
