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North Korea Calls Cyber Threat Allegations “Absurd Slander” as DPRK Hack Losses Mount

North Korea has pushed again in opposition to allegations of state-backed cybercrime, dismissing the claims as “absurd slander.” 

The assertion lands as blockchain investigators tie a rising share of main decentralized finance (DeFi) exploits to DPRK-backed actors.

North Korea Pushes Back on Cyber Threat Narrative

A Foreign Ministry spokesperson informed the state-run Korean Central News Agency that US authorities our bodies, media shops, and affiliated organizations are selling what they described as an “incorrect understanding of the DPRK.”

“Recently, the U.S. authorities organs, reptile media organs and plot-breeding organizations are attempting to unfold incorrect understanding of the DPRK to the worldwide group, speaking concerning the non-existent ‘cyber menace’ from the DPRK,” the spokesperson told KCNA.

The spokesperson argued it was “unreasonable” for Washington to claim victim status whereas controlling international IT infrastructure. The Foreign Ministry accused the United States of conducting indiscriminate cyber operations in opposition to different nations.

“One frequent level of their unilateral assertion is that every one cyber-related frauds in numerous components of the world are associated to us and that the U.S. boasting of the world’s finest cyber technical energy is the world’s biggest sufferer,” the assertion learn.

According to the ministry, such accusations are a part of a broader sample of hostility towards the Democratic People’s Republic of Korea, aimed toward undermining its popularity for political functions. The spokesperson additionally added that safeguarding our on-line world stays a constant coverage place for North Korea.

“The DPRK won’t ever tolerate the hostile forces’ try at confrontation getting extra undisguised in numerous domains together with cyber house, however actively take all crucial measures for defending the pursuits of the state and defending the rights and pursuits of its residents,” the spokesperson added.

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Blockchain Forensics Tell a Different Story

Meanwhile, current analysis highlights the dimensions of cyber exercise attributed to North Korea-linked teams. A report by TRM Labs found that such actors were responsible for roughly 76% of crypto hack losses recorded in 2026 by means of April.

Two main incidents, the Drift and KelpDAO exploits, had been attributed to separate teams. The combined losses had been recorded at round $577 million. In 2025 alone, losses reached roughly $2.02 billion, including the Bybit hack.

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Separate analysis from the Ethereum Foundation-funded Ketman Project recognized roughly 100 suspected DPRK IT workers across 53 crypto tasks. The 6 month investigation flagged operatives utilizing cast identities and AI-generated profiles to infiltrate Web3 companies.

Regulators have additionally stepped up enforcement. In March, the Office of Foreign Assets Control (OFAC) sanctioned six people and two entities tied to alleged North Korean IT worker schemes.

Thus, the contrasting information highlights a widening hole between Pyongyang’s official place and mounting worldwide scrutiny over its alleged function in cyber-enabled monetary crimes.

The publish North Korea Calls Cyber Threat Allegations “Absurd Slander” as DPRK Hack Losses Mount appeared first on BeInCrypto.

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