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North Korea Dismisses US Claims It Was Behind Binance Heist

Original: North Korea Says US Allegations Linking It to Binance Heist Are 'Absurd Rhetoric'

North Korea has rejected American allegations linking it to a heist involving cryptocurrency exchange Binance, calling the claims 'absurd rhetoric'. The exchange of accusations adds to long-running US assertions that North Korean hacking groups have stolen billions in cryptocurrency to fund weapons programmes, and it further sharpens tensions between Washington and Pyongyang.

Why now: US accusations tying North Korea to a major crypto theft touch on sanctions, cybercrime and rising geopolitical tensions.

North KoreaUnited StatesBinance

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