Kim Yo Jong Denies North Korea’s Role in Binance’s $6.3B Theft

Kim Yo Jong, a senior North Korean ruling party official, denied Pyongyang was responsible for the reported $6.3 billion theft from crypto exchange Binance, calling the U.S. allegation “absurd rhetoric.” The FBI’s Oct. 31 advisory named the North Korean-linked TraderTraitor operation as the group behind Binance’s loss of more than $6 billion in digital assets. It described Ether (ETH) as the main destination for stolen funds and expected additional laundering through decentralized finance (DeFi) platforms and instant-swap services.