On-chain investigators: North Korea-linked addresses transferred over $38 million in cross-chain transfers via Relay.
on November 1, on-chain investigator Specter monitored that North Korea-linked addresses transferred over $38 million via the Relay cross-chain bridge within 7 hours, with related transfers still ongoing.
Specter stated that although Relay claims to have enabled its transaction monitoring (KYT) system, it failed to halt the aforementioned fund movements.