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    Home»Markets»North Korea Calls Cyber Menace Allegations “Absurd Slander” as DPRK Hack Losses Mount
    North Korea Calls Cyber Menace Allegations “Absurd Slander” as DPRK Hack Losses Mount
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    North Korea Calls Cyber Menace Allegations “Absurd Slander” as DPRK Hack Losses Mount

    By Crypto EditorMay 4, 2026No Comments3 Mins Read
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    North Korea Calls Cyber Menace Allegations “Absurd Slander” as DPRK Hack Losses Mount

    North Korea has pushed again in opposition to allegations of state-backed cybercrime, dismissing the claims as “absurd slander.”

    The assertion lands as blockchain investigators tie a rising share of main decentralized finance (DeFi) exploits to DPRK-backed actors.

    North Korea Pushes Again on Cyber Menace Narrative

    A Overseas Ministry spokesperson informed the state-run Korean Central Information Company that US authorities our bodies, media shops, and affiliated organizations are selling what they described as an “incorrect understanding of the DPRK.”

    “Not too long ago, the U.S. authorities organs, reptile media organs and plot-breeding organizations are attempting to unfold incorrect understanding of the DPRK to the worldwide neighborhood, speaking in regards to the non-existent ‘cyber menace’ from the DPRK,” the spokesperson informed KCNA.

    The spokesperson argued it was “unreasonable” for Washington to say sufferer standing whereas controlling world IT infrastructure. The Overseas Ministry accused the US of conducting indiscriminate cyber operations in opposition to different nations.

    “One frequent level of their unilateral assertion is that each one cyber-related frauds in numerous elements of the world are associated to us and that the U.S. boasting of the world’s greatest cyber technical energy is the world’s best sufferer,” the assertion learn.

    In line with the ministry, such accusations are a part of a broader sample of hostility towards the Democratic Individuals’s Republic of Korea, aimed toward undermining its status for political functions. The spokesperson additionally added that safeguarding our on-line world stays a constant coverage place for North Korea.

    “The DPRK won’t ever tolerate the hostile forces’ try at confrontation getting extra undisguised in varied domains together with cyber house, however actively take all needed measures for defending the pursuits of the state and defending the rights and pursuits of its residents,” the spokesperson added.

    Subscribe to our YouTube channel to look at leaders and journalists present professional insights

    Blockchain Forensics Inform a Totally different Story

    In the meantime, latest analysis highlights the dimensions of cyber exercise attributed to North Korea-linked teams. A report by TRM Labs discovered that such actors had been liable for roughly 76% of crypto hack losses recorded in 2026 by means of April.

    Two main incidents, the Drift and KelpDAO exploits, had been attributed to separate teams. The mixed losses had been recorded at round $577 million. In 2025 alone, losses reached roughly $2.02 billion, together with the Bybit hack.

    Observe us on X to get the most recent information because it occurs

    🚨🇺🇸🇰🇵 FBI CONFIRMS NORTH KOREA BEHIND MASSIVE $1.5B CRYPTO HACK

    The FBI says North Korea’s cyber group “TraderTraitor” stole $1.5 billion from crypto change Bybit final week.

    A number of the stolen property have already been transformed into Bitcoin and unfold throughout 1000’s of… https://t.co/OCjDxhSV6l pic.twitter.com/Boj7lysRP4

    — Mario Nawfal (@MarioNawfal) February 27, 2025

    Separate analysis from the Ethereum Basis-funded Ketman Challenge recognized roughly 100 suspected DPRK IT staff throughout 53 crypto initiatives. The 6 month investigation flagged operatives utilizing solid identities and AI-generated profiles to infiltrate Web3 companies.

    Regulators have additionally stepped up enforcement. In March, the Workplace of Overseas Property Management (OFAC) sanctioned six people and two entities tied to alleged North Korean IT employee schemes.

    Thus, the contrasting information highlights a widening hole between Pyongyang’s official place and mounting worldwide scrutiny over its alleged function in cyber-enabled monetary crimes.

    The submit North Korea Calls Cyber Menace Allegations “Absurd Slander” as DPRK Hack Losses Mount appeared first on BeInCrypto.





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