{"id":96785,"date":"2026-05-04T13:37:10","date_gmt":"2026-05-04T10:37:10","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=96785"},"modified":"2026-05-04T13:40:13","modified_gmt":"2026-05-04T10:40:13","slug":"north-korea-dismisses-accusations-of-cryptocurrency-hacks-as-absurd-slander","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/north-korea-dismisses-accusations-of-cryptocurrency-hacks-as-absurd-slander\/","title":{"rendered":"North Korea Dismisses Accusations of Cryptocurrency Hacks as ‘Absurd Slander’"},"content":{"rendered":"

North Korea’s Foreign Ministry has rejected allegations of the country’s involvement in cryptocurrency thefts. A ministry representative described media reports as “absurd slander” and a “political tool” of the United States, writes<\/a> the state agency KCNA.<\/p>\n

Pyongyang stated that Washington is promoting a “hostile policy” against North Korea in this manner.\u00a0<\/p>\n

The Foreign Ministry representative also pointed out the illogicality of the situation where the United States, with “the world’s best cyber capabilities,” portrays itself as “the main victim.”<\/p>\n

\n

“Our principled position is to protect cyberspace, the common heritage of humanity, from any malicious actions. We are firmly against attempts to use cyber issues as a political tool to violate sovereignty and interfere in the internal affairs of other countries,” the statement said.\u00a0<\/em><\/p>\n<\/blockquote>\n

Scale of Losses\u00a0<\/h2>\n

Earlier, TRM Labs specialists estimated<\/a> that hackers linked to North Korea stole about $577 million in the first four months of 2026. This accounts for 76% of all losses in cryptocurrency projects during the specified period.\u00a0<\/p>\n

\"image\"
Source: TRM.\u00a0<\/figcaption><\/figure>\n

Experts emphasized that North Korea’s share of stolen digital assets increased from less than 10% in 2020-2021 to 64% in 2025. The total damage exceeded $6 billion.<\/p>\n

The main contribution to this year’s figure came from two attacks in April. TRM Labs linked the Kelp hack<\/a> of $292 million to TraderTraitor, a group affiliated with Lazarus<\/a>.\u00a0<\/p>\n

The Drift exploit of $285 million<\/a> was attributed by analysts to a separate North Korean subgroup, but its involvement is still being verified.\u00a0<\/p>\n

The UN believes<\/a> that all stolen funds are spent by North Korea on developing nuclear programs.\u00a0<\/p>\n

Researchers have repeatedly stated that North Korean hackers are actively infiltrating cryptocurrency projects. In mid-April, an Ethereum Foundation fellow discovered 100 North Korean IT agents in Web3 companies.\u00a0<\/p>\n

The network of Pyongyang-linked developers in the crypto industry was also revealed<\/a> by on-chain detective ZachXBT.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

North Korea’s Foreign Ministry has rejected allegations of the country’s involvement in cryptocurrency thefts. A ministry representative described media reports as a “political tool” of the United States. <\/p>\n","protected":false},"author":1,"featured_media":96786,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"North Korea's Foreign Ministry rejects cryptocurrency theft allegations as \"absurd slander.\"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[44,1202],"class_list":["post-96785","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cybercrime","tag-north-korea-dprk"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"North Korea's Foreign Ministry rejects cryptocurrency theft allegations as \"absurd slander.\"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/96785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=96785"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/96785\/revisions"}],"predecessor-version":[{"id":96787,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/96785\/revisions\/96787"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/96786"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=96785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=96785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=96785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}