North Korea Rejects US Claims Tying It To $6.3B Binance Heist

North Korea has formally rejected U.S. allegations that it was behind a theft of roughly $6.3 billion from crypto exchange Binance. State officials described the claims as 'absurd rhetoric,' according to reports published by Japan Today and BusinessDay NG on November 3. The denial comes after U.S. authorities reportedly linked the heist to North Korean state-backed hacking operations. Washington has repeatedly accused Pyongyang-affiliated groups of orchestrating large-scale cryptocurrency thefts in recent years. These operations are widely believed to help fund the country's weapons programs, according to prior U.S. government assessments.