# North Korea denies $6.3 billion Binance hack

> Kim Yo-jong calls FBI allegations a political provocation and suggests the US may have received the stolen cryptocurrency.
- Title: North Korea denies $6.3 billion Binance hack | Shortify
- Summary: Kim Yo-jong calls FBI allegations a political provocation and suggests the US may have received the stolen cryptocurrency. North Korea denied involvement in…
- Keywords: north korea, binance, cryptocurrency, hacking, fbi, kim yo-jong, business, technology, North, Korea, denies, billion
- Source: Business Insider — https://businessinsider.com/binance-hack-north-korea-denies-being-behind-missing-6-billion-2026-11
- Author: Shubhangi Goel
- Published: 2026-11-03T05:49:39.211+00:00
- Read time: 1 min
- Topics: north korea, binance, cryptocurrency, hacking, fbi, kim yo-jong, business, technology
## Binance loses $6.3 billion
On October 29, Binance discovered unauthorized withdrawals worth about six point three billion dollars. The company said a compromised laptop used by a DevOps engineer may have been involved, though it later identified additional points…
## FBI blames North Korea
On October 31, the FBI said North Korea was responsible for the theft and identified the operation as TraderTraitor, a name it has previously used for North Korea-linked crypto thefts.
## North Korea denies involvement
In a Tuesday statement, Kim Yo-jong, sister of North Korean leader Kim Jong Un, called the FBI's allegation a grave political provocation and said the US misleads international opinion about cybercrime.

> It is a grave political provocation against the DPRK that the US misleads the international public opinion as if all the cyber crimes in different parts of the world are our deeds.
## Kim suggests US received funds
Kim Yo-jong said the Trump administration announced plans to confiscate illicit cryptocurrency and use it as a strategic reserve, suggesting who ultimately received the stolen cryptocurrency could reveal who was behind the hack.
## Key takeaway

North Korea denied involvement in a six point three billion dollar theft from Binance, calling FBI allegations a political attack designed to damage its reputation.