DPRK
Oct 31, 2026

Specter says $38 million moved through Relay bridge in seven hours, with DPRK transfers still ongoing

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.

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Specter says $38 million moved through Relay bridge in seven hours, with DPRK transfers still ongoing
DPRK
Oct 31, 2026

Specter says DPRK bridged $38 million through RelayProtocol Bridge in seven hours

On-chain investigator Specter said DPRK moved $38 million through RelayProtocol Bridge within seven hours and that the activity was still ongoing at the time of the alert. According to Specter, the transfers continued despite Relay’s claim that it had enabled a KYT system. Specter also said DPRK would not have been able to launder the funds through THORChain in such a short window, and argued that Relay effectively opened a route for the money to move. The update was reported by ChainCatcher as a 7x24 newsflash.

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Specter says DPRK bridged $38 million through RelayProtocol Bridge in seven hours