On November 2, 2026, North Korea rejected claims made by American authorities regarding a massive security breach on Binance. Kim Yo Jong, sister to North Korean leader Kim Jong Un, publicly disputed federal law enforcement findings that linked Pyongyang to the $6.3 billion cyber theft.
The diplomatic dispute intensified after the FBI formally attributed the exploit to North Korean actors. In response, Kim Yo Jong called the allegations politically motivated and claimed without presenting evidence that the United States itself could be responsible for the stolen funds.
Reporting from staff editors Felix Ng and Yohan Yun notes that Pyongyang offered no proof for its counter-accusation against Washington. Amid the political friction, market prices showed mixed activity, with BNB trading at $700.60 and Bitcoin at $76,924.69.
For perpetual futures traders monitoring positions on platforms such as Bitget, Bybit, MEXC, and OKX, these government statements change nothing directly about holding costs. Funding rates, trading fees, and platform liquidity continue to respond to real-time market order flow rather than diplomatic disputes.
Source: cointelegraph — North Korea denies role in $6.3B Binance hack, points finger at US