Did North Korea steal $6.3 billion from Binance, and how did Kim Yo-jong respond?

The FBI blamed North Korean hackers for the record $6.3 billion theft from Binance, the world's largest crypto exchange. Kim Yo-jong, sister of Kim Jong-un and the regime's de facto spokesperson, called the charge a grave political provocation and suggested the Americans might be behind it. BBC Seoul correspondent Jake Kwon said security experts saw the same signatures and accounts used in earlier hacks, including a $1.5 billion theft from Bybit.

• Binance froze all transactions, then reopened, and more than $3 billion was withdrawn in a run on the exchange.
• Binance said every loss would be compensated from a reserve built from 10% of its profits.

Source: our own transcription of the episode. The full conversation is on Global News Podcast (2026-11-03). Read the whole episode summary →

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