North Korea has responded to allegations of state-backed cybercrime, dismissing the allegations as “absurd slander.”
The statement comes as blockchain investigators link a growing share of major decentralized finance (DeFi) exploits to North Korean-backed actors.
North Korea backs away from cyber threat narrative
A Foreign Ministry spokesman told the state-run Korean Central News Agency that US government agencies, media and affiliated organizations were promoting what they described as an “incorrect understanding of the Democratic People’s Republic of Korea.”
The spokesman added: “Recently, the US government, reptilian media, and conspiracy-promoting organizations are trying to spread an incorrect understanding of the DPRK to the international community, talking about the non-existent ‘cyber threat’ from the DPRK.” He said Korean Central News Agency.
The spokesman said that this was “unreasonable” for Washington To demand victim status With control over the global IT infrastructure. The State Department accused the United States of carrying out random electronic operations against other countries.
“One common point in their unilateral assertion is that all cyber-related scams in different parts of the world are linked to us and that the United States, which boasts the best cyber technology power in the world, is the biggest victim in the world,” the statement read.
According to the ministry, such accusations are part of a broader pattern of hostility toward the Democratic People’s Republic of Korea, aimed at undermining its reputation for political purposes. The spokesman also added that protecting cyberspace remains a consistent political position of North Korea.
“The Democratic People’s Republic of Korea will never tolerate the attempt of hostile forces to confront more clearly in various fields including cyberspace, but will actively take all necessary measures to defend the interests of the state and protect the rights and interests of its citizens,” the spokesman added.
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Blockchain forensics tells a different story
Meanwhile, recent research highlights the scale of cyber activity attributed to groups linked to North Korea. Report from TRM Laboratories I found that such actors were responsible For about 76% of cryptocurrency hack losses recorded in 2026 through April.
Two major incidents, the Drift and KelpDAO exploits, were attributed to two separate groups. the Combined losses It was recorded at approximately $577 million. In 2025 alone, losses amounted to about $2.02 billion. Including the Bybit hack.
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Separate research by the Ethereum Foundation-funded Ketman Project identified nearly 100 IT workers in the DPRK are suspected of cross 53 cryptocurrency projects. The six-month investigation identified agents using fake identities and AI-generated profiles to hack into Web3 companies.
Organizers also intensified the implementation process. In March, OFAC imposed sanctions on six individuals and two entities Linked to an alleged North Korean IT worker Charts.
Thus, the contradictory statements highlight the widening gap between Pyongyang’s official position and growing international scrutiny over its alleged role in online financial crimes.
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