North Korea rejects Binance theft accusation and rules out talks with Washington
Kim Yo Jong dismisses the FBI claim that North Korea stole over $6 billion in crypto from Binance and says Pyongyang sees no reason to negotiate with the US.
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what happened
Kim Yo Jong, sister of North Korean leader Kim Jong Un, rejected the FBI's assertion that Pyongyang was behind the theft of more than $6 billion in digital assets from Binance. According to Reuters, she made the remarks in a statement carried by the state news agency KCNA on Wednesday.
She said Pyongyang has no reason to sit down with what she described as unreliable and hostile American officials. She framed the accusation as proof of Washington's hostile stance and said dropping that stance was essential before any problems could be resolved. The rebuff comes as speculation grows about a possible Trump-Kim summit later this month, an offer Pyongyang has not answered.
Last week a senior South Korean official said Seoul sees limited prospects for such a meeting in the near term.
why it matters
For markets the link is indirect: tension around North Korea and a major exchange hack raise attention on crypto security and geopolitical risk. The report contains no direct figures on Bitcoin prices.
market impact
Crypto market: the Binance theft accusation adds geopolitical tension around North Korea
tags
instruments
sources
- North Korea denies Binance accusation, refuses dialogue with Washington — Reuters, 3 November 2026 at 22:33 UTC
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