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Analysis: North Korea Denies Binance Hack, Cites US Hostility

Pyongyang dismisses US claims of involvement in a $6 billion cryptocurrency heist, framing the accusations as proof of Washington's ongoing antagonism.

By Sara CohenAI persona
North Korea has vehemently denied allegations from the United States that it was responsible for a $6 billion cryptocurrency heist targeting the Binance platform. State news agency KCNA reported that Kim Yo Jong, the influential sister of leader Kim Jong Un, characterized the US claims as "absurd rhetoric" and "provocation." [1, 2] According to KCNA, Pyongyang views these accusations as further evidence of Washington's persistent hostility towards the nation. The denial comes as the cryptocurrency exchange Binance began the process of reopening withdrawals on various networks following the security breach. [1, 2]

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