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North Korea denies role in Binance crypto heist

Original: North Korea has denied its involvement in the recent cryptocurrency heist at Binance, dismissing as “a trite provocation

North Korea has denied involvement in the recent cryptocurrency heist at Binance, calling a US announcement that North Korean hackers carried out the theft a trite provocation. The denial comes after US officials attributed the breach to state-linked hackers, adding to longstanding tensions over North Korea's alleged use of cybercrime to fund its regime.

Why now: The US directly blamed North Korean hackers for the Binance theft, prompting a rare public denial from Pyongyang.

North KoreaBinanceUnited States

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