North Korea Denies Binance Hack

GRAND RAPIDS, MI. - North Korea rejected US claims that it orchestrated the theft of more than $6 billion in cryptocurrency from Binance. Pyongyang dismissed the accusations on Monday, November 2, 2026, and labeled the investigation by the Federal Bureau of Investigation a fabricated political provocation.

Kim Yo Jong, the sister of North Korean leader Kim Jong Un, condemned the FBI attribution pointing to TraderTraitor. She called the allegations a grave political provocation and stated that Pyongyang monitored United States moves closely. The FBI and blockchain experts previously cited evidence linking North Korea to the breach.

Cryptocurrency firm Binance announced on October 30, 2026, that hackers stole $6.3 billion in the biggest crypto heist in history. Binance covered 90 percent of the losses by November 1, 2026, while the stolen funds remained on US blocklists.

The global crypto sector weighs the fallout from the massive breach as scrutiny grows over digital asset security. North Korea maintained its denial of the incident while authorities continued investigations into the multi-billion dollar cyberattack.