On-chain investigator Specter said DPRK moved $38 million through the RelayProtocol Bridge within seven hours and that the bridging activity was still continuing at the time of the update. Specter said Relay had claimed to have a KYT system in place, but that system did not stop the transactions in question. Specter also argued that DPRK would not have been able to wash the funds through THORChain in such a short window, and said Relay instead opened a route for the transfer. The statement was cited by Odaily in a 7x24 newsflash. No additional details, including wallet addresses or transaction hashes, were provided in the brief.
Odaily reported, citing on-chain investigator Specter, that DPRK moved $38 million through the RelayProtocol Bridge within seven hours and was still continuing to bridge funds.
Specter said that although Relay had claimed to enable a KYT system, it still failed to stop the activity. Specter also said DPRK could not have washed the funds through THORChain in such a short period, and that Relay opened the channel instead.
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