North Korea blames ‘reptile media’ over reports of crypto theft
Summary
North Korea’s Foreign Ministry has rejected allegations of state-sponsored cryptocurrency theft, labeling the reports as "absurd slander" and a political tool used by the U.S. This denial follows blockchain data from TRM Labs indicating that North Korea-linked actors were responsible for 76% of global crypto hack losses in early 2026, totaling approximately $577 million. International authorities, including the UN, maintain that these stolen funds are crucial to financing Pyongyang's nuclear and ballistic missile programs.
(Source:The Block)