A post by @WatcherGuru on X.
JUST IN: North Korea says it is not responsible for the $6.3 billion Binance crypto hack. https…
@WatcherGuru on X
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North Korea has publicly denied responsibility for the $6.3 billion Binance crypto hack, according to a statement reported by Watcher.Guru. The claim comes amid ongoing attribution efforts by blockchain analysts and Western authorities who have repeatedly linked the Lazarus Group, a North Korean state-affiliated hacking collective, to some of the largest crypto thefts on record. The denial matters because North Korean-linked actors have been tied to billions in stolen digital assets, which are believed to fund the regime's weapons programs, and any official disavowal could complicate recovery and sanctions enforcement efforts. Binance, the world's largest crypto exchange by trading volume, has faced scrutiny over its security and compliance posture, making the disputed attribution a reputational and regulatory issue for the platform. Market participants should watch for follow-up statements from Binance, on-chain forensic findings from firms like Chainalysis, and any response from US or UN sanctions bodies regarding the disputed $6.3 billion figure.
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Named in this story
Binance, North Korea