Binance Monitors North Korea Cryptocurrency Hacking Activities

Crypto
Author

author: CryptoNews

date: November 24, 2025

1 min. read

Binance, the leading global cryptocurrency exchange, is actively monitoring North Korea's cryptocurrency hacking activities. This was revealed by Binance investigator Kim Min-jae at a recent blockchain study event in Seoul. North Korea's Crypto Theft Concerns Binance Kim Min-jae highlighted reports indicating North Korea possesses significant Bitcoin holdings, allegedly obtained through illegal means. He stated that Binance is closely observing the flow of these stolen virtual assets into various exchanges. Binance's Vigilance Against Illicit Crypto Flows Binance is committed to detecting and preventing illicit funds from entering its platform. The exchange employs advanced analytics and collaborates with law enforcement to trace and intercept suspicious transactions linked to North Korean hacking groups and other criminal entities. This proactive approach aims to safeguard the cryptocurrency ecosystem and prevent the funding of illegal activities. ```