South Korea’s Ministry of Unification has not begun discussions on possible sanctions against North Korea over allegations that it stole a large amount of cryptocurrency, according to a ministry official cited by Yonhap News Agency. The official said the government has not yet fully identified the details of the hacking incident and has therefore not moved to the stage of reviewing response measures. Internal information sharing and discussions are still under way.
The comment came after the U.S. Federal Bureau of Investigation accused North Korea of involvement in a hacking case tied to the theft of more than $6 billion in crypto assets from Binance. Earlier this week, Kim Yo Jong, the sister of North Korean leader Kim Jong Un, rejected the accusation and called it a "serious political provocation" against North Korea. The ministry’s remarks indicate that Seoul is still assessing the case rather than preparing immediate punitive action.
South Korea’s Ministry of Unification has not started discussions on whether to impose sanctions on North Korea over allegations that it stole a large amount of cryptocurrency, according to a ministry official cited by Yonhap News Agency.
The official said the government has not yet fully identified the details of the hacking incident. For that reason, it has not reached the stage of discussing response measures, and internal information sharing and discussions are still ongoing.
Earlier, the U.S. Federal Bureau of Investigation (FBI) accused North Korea of involvement in a hacking case tied to the theft of more than $6 billion in crypto assets from Binance. Kim Yo Jong, the sister of North Korean leader Kim Jong Un, denied the allegation earlier this week and described it as a "serious political provocation" against North Korea.
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