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The privacy-focused project supported by Ethereum (ETH) co-founder Vitalik Buterin responded to allegations of North Korea involvement.

Railgun (RAIL), which Vitalik Buterin both invested in and supported on social media, responded to allegations about its use by North Korean cybercriminals. The team stated that there is no clear evidence that Railgun is being used by North Korean cybercriminals, defining all these as mere speculations.

Some sections of the cryptocurrency market had organized defamation campaigns against the project by recently labeling Railgun as a platform where North Korean hackers ran rampant.

Details provided in the announcement made by the team included the following statements:

There is no evidence suggesting that individuals, governments, or organizations subject to sanctions such as North Korea are using Railgun, and such a suggestion is solely based on speculation.

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