North Korean-linked addresses bridged $38M from Relay Protocol in 7 hours, on-chain analyst says

On-chain analyst Specter says North Korean hackers moved about $38 million through Relay Protocol's cross-chain bridge within 7 hours, with transfers still ongoing. Relay reportedly deployed KYT monitoring but it failed to stop the transactions. Specter noted North Korean hackers could not move such funds through THORChain in the same time, questioning Relay's systems.

Detected & updated continuously · Source: Nebula