North Korea Denies Involvement in Record $6.3bn Binance Hack
North Korea denies $6.3bn hack
North Korea has denied allegations of being behind the record $6.3bn hack of cryptocurrency exchange Binance.
The US Federal Bureau of Investigation and cyber analysts have linked the hack to North Korea, which has been accused of relying on cyber-crime to finance its economy.
Denial and Accusations
Kim Yo Jong, a top North Korean official, called the allegations "absurd rhetoric" and a "sinister attempt" by the US to damage Pyongyang's public image.
The FBI has called on industry partners to help block transactions involving cryptocurrency accounts linked to the state-backed hacking group TraderTraitor.
Source: KBC Digital. AI-assisted summary.
