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North Korea rejects FBI claims over Binance crypto theft and rules out US talks

Kim Yo Jong, sister of North Korea's leader Kim Jong Un, said the FBI’s accusation showed “US hostile policy” towards Pyongyang.

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North Korea has rejected allegations from the United States that it stole more than $6 billion in cryptocurrency from the exchange Binance, while also dismissing the prospect of holding diplomatic talks with Washington.

The denial was issued by Kim Yo Jong, an influential ruling party director and the sister of North Korean leader Kim Jong Un. In a statement carried by state news agency KCNA, she described the Federal Bureau of Investigation's hacking allegations as an illustration of continuing American hostility toward Pyongyang.

Kim stated that her government sees no reason to engage in discussions with the United States, casting doubt on the likelihood of a high-level diplomatic meeting. Her remarks come following speculation regarding a potential summit between U.S. President Donald Trump and Kim Jong Un. Trump had previously expressed interest in holding talks with the North Korean leader later in the year, an overture to which Pyongyang had not formally responded.

In her remarks, Kim emphasized that Washington must end its antagonistic approach before any progress can be made. She stated that abandoning hostile measures remains the essential starting point for resolving bilateral disputes, adding that Pyongyang has no desire to negotiate with parties it views as confrontational and untrustworthy.

Beyond the cryptocurrency theft accusations, Kim condemned several other American actions. She criticized combined military exercises conducted by the United States and South Korea, persistent demands from Washington regarding North Korean denuclearization, and a recent U.S. State Department report addressing human trafficking issues that included North Korea.

A senior official from South Korea previously indicated that the chances of a summit taking place between Washington and Pyongyang remain low under current conditions.

Earlier on this story

  1. Binance reveals bogus hiring process led to record $6.3bn cryptocurrency theft
  2. Binance faces $3.6bn in withdrawals after historic North Korean cyberattack
  3. South Korea replaces passports for president and 167 others after data breach
  4. European supermarket freezers warm up following suspected cyber-attack
  5. Ukraine air raid app breached by cyber-attack delivering false danger alerts
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Reported from Straits Times Asia.

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