North Korea has rejected talks with the United States under current conditions, citing the FBI’s accusation over the $6.3 billion Binance hack as evidence of Washington’s hostile policies.

  • Kim Yo Jong has rejected U.S. talks under current conditions, citing the FBI’s Binance hacking accusation as evidence of Washington’s hostility.
  • North Korea again denied responsibility for the $6.3 billion Binance hack after the FBI attributed the October 29 attack to TraderTraitor.
  • The FBI has urged cryptocurrency exchanges, blockchain operators and DeFi services to block transactions connected to the stolen assets.
  • Binance has reported roughly $3 billion in frozen assets, while blockchain investigators continue tracing funds across multiple networks.
  • Despite rejecting talks under current conditions, Kim said dialogue remains possible if Washington changes what Pyongyang considers its hostile policies.

Yonhap News Agency reported on November 4 that Kim Yo Jong, the sister of North Korean leader Kim Jong Un, made the remarks in a statement carried by the Korean Central News Agency (KCNA).

Her comments followed an earlier denial of the allegations against Pyongyang, which U.S. investigators have linked to the North Korean hacking group TraderTraitor.

Kim said dialogue remains an option for maintaining peace, but Washington must abandon what North Korea considers hostile policies before meaningful negotiations can resume.

The dispute comes as investigators continue tracking billions of dollars stolen from Binance, with roughly $3 billion in affected assets frozen through cooperation between blockchain firms and financial institutions.

North Korea cites Binance hack accusation in rejecting U.S. talks

In her November 4 statement, Kim criticized the FBI’s findings, describing the allegations as part of Washington’s continuing confrontation with Pyongyang.

She said the cryptocurrency hacking accusation was evidence of what North Korea considers an established pattern of U.S. hostility.

The remarks followed her November 3 response, when she rejected the FBI’s attribution of the theft and called the accusation a “grave political provocation.”

Kim maintained that North Korea would not pursue negotiations while Washington continued policies that Pyongyang considers threatening.

She said abandoning those policies remained the main condition for resolving disputes between the countries.

“It is our clear stand that we have no need to sit face to face with such unreliable and hostile persons who refuse to abandon their policy of confrontation,” Kim said.

“It is our clear stand that we have no need to sit face to face with such unreliable and hostile persons who refuse to abandon their policy of confrontation,” Kim said.

Despite the refusal, she left open the possibility of future diplomatic discussions.

“The choice for peace includes dialogue of course, but this is not surely equated with national interests for us,” she added.

“The choice for peace includes dialogue of course, but this is not surely equated with national interests for us,” she added.

Kim cited joint U.S.-South Korean military exercises, Washington’s demand for North Korean denuclearization and a recent trilateral diplomatic meeting involving Japan as further grievances.

FBI maintains North Korea was behind $6.3B Binance hack

The diplomatic dispute follows the FBI’s October 31 announcement, which attributed the October 29 Binance breach to North Korea’s TraderTraitor hacking operation.

Investigators said attackers stole more than $6 billion in cryptocurrency, making the incident the largest reported digital asset theft.

As crypto.news previously reported, Kim rejected the findings and accused Washington of attempting to portray North Korea as a cybercriminal state.

The FBI said its investigation involved the U.S. Secret Service and the Internal Revenue Service’s Criminal Investigation division.

Authorities observed the suspected attackers converting stolen cryptocurrencies primarily into Ethereum before preparing them for further transfers.

The agency warned that decentralized finance services and instant cryptocurrency exchanges could be used to move the assets through additional transactions.

Its advisory urged blockchain operators, exchanges and analytics companies to block transactions involving addresses linked to the suspected hacking group.

Blockchain analytics firm TRM Labs independently attributed the theft to TraderTraitor with high confidence, citing on-chain and off-chain intelligence.

Chainalysis reached a similar assessment after identifying links between funds stolen from Binance and assets associated with another North Korean-attributed breach.

Binance continues recovery as investigators track stolen funds

Binance has been working with security firms and cryptocurrency issuers to restrict movement of the stolen assets.

An earlier investigation into the theft showed that the exchange estimated approximately $6.3 billion was affected during the October 29 attack.

The company reported that cooperation with industry partners had resulted in roughly $3 billion in frozen assets.

Meanwhile, blockchain analytics firm Elliptic estimated that approximately $3.24 billion remained in addresses associated with the incident, primarily in Bitcoin and Ethereum.

The firm traced thousands of transactions across multiple blockchains as the suspected attackers moved funds between cryptocurrency addresses.

Frozen assets cannot necessarily be returned immediately, while funds remaining in attacker-controlled wallets require further tracing and recovery efforts.

Binance has separately used company resources and emergency reserves to replace customer assets affected by the breach.

By November 3, the exchange had restored more withdrawals across supported networks after reporting that approximately 95% of affected assets had been replenished.

The FBI has continued urging cryptocurrency service providers to identify and restrict transactions connected to the theft.

Trump-Kim meeting faces uncertainty after hacking dispute

Kim’s statement came amid speculation that U.S. President Donald Trump could seek another meeting with North Korean leader Kim Jong Un.

Trump expressed interest in renewed talks in August, although Pyongyang had not publicly accepted the proposal.

The leaders met three times during Trump’s first presidential term, including their June 2019 meeting at the inter-Korean border.

Their earlier negotiations failed to produce an agreement on North Korea’s nuclear weapons program.

Speaking to Reuters, Kyungnam University professor Lim Eul-chul said Kim Yo Jong was repeating Pyongyang’s demand that Washington change its policies before negotiations.

Jeremy Chan, an analyst at Eurasia Group, suggested North Korea could still consider discussions on terms favorable to its leadership.

Separately, South Korea’s military reported that North Korea fired an unidentified projectile toward its eastern waters on November 4.

The launch followed reports that Kim Jong Un had inspected a shipyard in Nampho, where North Korea is building a new warship.