North Korea's Foreign Ministry issued a flat denial on Sunday, calling allegations of involvement in recent international cryptocurrency hacking cases "false information" and "absurd slander." The statement was delivered through the Korean Central News Agency - the standard delivery mechanism for official Pyongyang positions - and blamed the United States for manufacturing a "distorted perception" of a "nonexistent cyber threat."
The Denial and the Data
The denial lands in an unusual context, even by North Korean standards. Blockchain analytics firm TRM Labs reported last month that North Korean-linked hacking groups accounted for 76% of all cryptocurrency losses to hacking in 2026 through April - not because Pyongyang's operatives launched a wave of attacks, but because two massive heists totaling $577 million dwarfe...
English (US)