U.S. reiterates concerns over N. Korean cybercrime following Kim Yo-jong's denial of Binance theft

What happened: The U.S. State Department reiterated concerns about North Korean cybercrime after Kim Yo-jong denied FBI findings that Pyongyang was behind a Binance theft. Key numbers: FBI alleged a crypto theft of over US$6 billion from Binance. Why it matters: A State Department spokesman said the DPRK increasingly uses cybercrime to circumvent sanctions and fund weapons programs, calling it a global problem.

The U.S. State Department reiterated concerns about North Korean cybercrime after Kim Yo-jong denied FBI findings that Pyongyang was behind a Binance theft.

A State Department spokesman said the DPRK increasingly uses cybercrime to circumvent sanctions and fund weapons programs, calling it a global problem.