Kim Yo Jong denied that North Korea was involved in the theft of $6.3 billion in cryptocurrency from Binance, rejecting the FBI’s attribution of the attack to a hacking group backed by Pyongyang. She described the US allegations as politically motivated and suggested, without providing evidence, that the United States could be responsible for the theft. The FBI also blamed North Korea for the $1.5 billion Bybit hack in February 2025, which Kim also rejected. TRM Labs, Chainalysis and ZachXBT nevertheless linked the Binance attack to North Korean operations through indicators such as advance preparation, the use of Tornado Cash and the coordinated execution of previously obtained transaction signatures.
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