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Crypto

Binance Faces $6 Billion Outflow, South Korean Government Yet to Discuss Sanctions Against North Korea

2026/11/06 00:30(Updated 2026/11/05 18:00)

CoinPost

Written by CoinPost Editorial Department

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Binance Faces $6 Billion Outflow, South Korean Government Yet to Discuss Sanctions Against North Korea

South Korean Government Yet to Initiate Sanctions Discussions Against North Korea

An official from South Korea's Ministry of Unification stated on the 5th that discussions within the government regarding sanctions against North Korea have not yet begun concerning the illicit outflow from major cryptocurrency exchange Binance. This was reported by Yonhap News.

The official explained to reporters at the government building in Seoul that the government has not yet been able to fully grasp the exact circumstances of the hacking incident, and thus has not begun considering response measures...

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