Kim Yo Jong, sister of North Korean leader Kim Jong Un, publicly denied Pyongyang’s involvement in the recent $6.3 billion hack of Binance, the world’s largest cryptocurrency exchange. In a statement carried by state media KCNA on November 3, 2026, she called the FBI’s accusations “absurd rhetoric” and a “grave political provocation.”
The FBI has attributed the attack to a North Korean hacking group known as TraderTraitor and has urged exchanges to block transactions linked to the stolen funds. The incident has raised serious concerns about crypto exchange security and may prompt platforms to reassess monitoring of suspicious activity and broader security protocols.
Despite the severity of the hack, major cryptocurrencies have not shown significant price fluctuations. Market participants remain cautious, watching for potential regulatory actions and tighter security measures across exchanges amid ongoing U.S.–North Korea tensions.
