On-chain investigator: North Korea-linked addresses moved over $38 million across chains via Relay

TechFlow reported on November 1 that, according to on-chain investigator Specter, North Korea-linked addresses transferred more than $38 million via the Relay cross-chain bridge within 7 hours, and the related transfers are still ongoing.

Specter said that although Relay stated it had activated a transaction monitoring (KYT) system, the system failed to prevent the above fund flows.

Source: TechFlow