North Korea denied involvement in the $6.36 billion crypto theft suffered by Binance on October 29. Kim Yo Jong, sister of leader Kim Jong Un, called the US rhetoric absurd and accused Washington of seeking to portray the country as a “cyber criminal state.” The statement followed the FBI’s attribution of the attack to the state-backed TraderTraitor hacking group. TRM Labs said the attackers primarily converted the stolen funds into Ethereum, while Binance replenished approximately 95% of the affected assets using company funds and resumed withdrawals across several networks.
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