North Korea denies role in $6.3B Binance hack, points finger at US

What happened: Kim Yo Jong denied North Korea's involvement in the $6.3 billion Binance hack, rejecting the FBI's attribution to a North Korean-backed hacking group and suggesting the US could be behind the theft. Key numbers: $6.3 billion Binance hack; $1.5 billion Bybit hack in February 2025. Why it matters: TRM Labs attributed the attack to North Korea's TraderTraitor group with high confidence, and Chainalysis and ZachXBT also linked the theft to North Korean hackers. Kim provided no evidence for her claim. Coverage: 9 outlets in 24h

Kim Yo Jong denied North Korea's involvement in the $6.3 billion Binance hack, rejecting the FBI's attribution to a North Korean-backed hacking group and suggesting the US could be behind the theft.

TRM Labs attributed the attack to North Korea's TraderTraitor group with high confidence, and Chainalysis and ZachXBT also linked the theft to North Korean hackers. Kim provided no evidence for her claim.