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North Korea denies being behind record $6.3bn Binance hack

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North Korea denies being behind record $6.3bn Binance hack

North Korea has denied claims that it was behind the record $6.3bn (£4.7bn) hack of cryptocurrency exchange Binance, calling the allegations "absurd rhetoric".

Kim Yo-jong, a top Democratic People's Republic of Korea official and the sister of leader Kim Jong Un, said on Tuesday that the accusations are another "sinister attempt" by the US to damage Pyongyang's public image.

The US Federal Bureau of Investigation (FBI), the Secret Service and cyber analysts have said North Korea orchestrated the hack, which has been described as the largest in history.

This is the latest hack to be linked to North Korea, which has been accused of relying on cyber-crime to help finance its sanctioned economy.

Blockchain analysts and the FBI have said the attack was led by state-backed hacking group TraderTraitor.

The FBI has called on industry partners to help block transactions involving cryptocurrency accounts linked to the group.

"The US has made a trite provocation of linking it with the Democratic People's Republic of Korea again," Kim Yo-jong, the director of North Korea's General Affairs Department, said in a statement.

"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," she said.

Why North Korea's 'elite' hackers are the prime suspect in major Binance hack

Who could be behind the Binance hack and what we know so far

But Pyongyang has been blamed for a number of major cyber attacks in recent years - accusations that it has denied.


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