Hacking News
North Korea denies FBI attribution of $6.3 billion Binance hack
North Korea has rejected the FBI’s attribution that its hackers were behind the $6.3 billion Binance hack, calling the claim a “grave political provocation.” Kim Yo Jong said the accusation was a “sinister” attempt to damage the DPRK’s image and suggested the U.S. might benefit from the stolen crypto. The FBI identified the group, dubbed TraderTraitor, as responsible for the Binance theft and also linked it to a $1.5 billion Bybit hack in February 2025. Analysts report that roughly $2.85 billion of the $6.43 billion stolen has been frozen, while the hackers are creating a new wallet about every 25 seconds. Binance noted that hourly deposits have begun to exceed withdrawals as user activity stabilizes.