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Expert urges trilateral sanctions after Binance theft

A U.S. cryptocurrency expert has called for South Korea to deepen cooperation with the United States and Japan through unilateral and multilateral sanctions to counter North Korean cryptocurrency theft, following the alleged $6.3 billion Binance heist, the Korea Times and Yonhap report. The expert's remarks came as the U.S. reiterated concerns over North Korean cybercrime, and after Binance said fake job interviews and an AI tool were used in the theft blamed on North Korea. Meanwhile, a South Korean unification ministry official said the government has not begun discussing sanctions over the alleged theft, stating, "As of now, the government has not fully grasped" the situation. Korean crypto exchanges are on alert as stolen assets show signs of being laundered, and Binance clients have withdrawn a net $4.72 billion since the exchange reopened.

  1. S. Korea should deepen work with US, Japan on sanctions against NK after Binance theft: expert Korea Times · 2026-11-06
  2. S. Korea should deepen work with U.S., Japan on sanctions against N.K. after Binance theft: expert Yonhap · 2026-11-05
  3. No talks yet on sanctions over N. Korea's alleged Binance theft: unification ministry Korea Times · 2026-11-05
  4. (LEAD) No talks yet on sanctions over N. Korea's alleged Binance theft: unification ministry official Yonhap · 2026-11-05
  5. US reiterates concerns over N. Korean cybercrime following Kim Yo-jong's denial of Binance theft Korea Times · 2026-11-04
  6. Binance says fake job interviews, AI tool used in US$6 bln theft blamed on N. Korea Yonhap · 2026-11-03
  7. Binance clients pull $4.7 billion after hack as crypto world studies fallout Korea Times · 2026-11-03
  8. Korean crypto exchanges on alert after $6.3 bil. Binance heist Korea Times · 2026-11-03

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