According to The Block, North Korean hackers used the Tron blockchain to launder approximately $242 million stolen from a Binance operation. The funds were moved off Tron using several decentralized bridges, including Relay, THORChain, Chainflip and Symbiosis. Relay processed the largest portion of the transferred amount at roughly $48 million, while other bridges handled portions of the remaining $140 million in total moved through them.
U.S. authorities have intensified efforts against the laundering activity, according to reporting referenced in the source. The Federal Bureau of Investigation is reportedly focusing pressure on THORChain as part of its investigation into the transaction flow. No details were provided about timing of the FBI’s actions relative to the laundering or specific enforcement measures.
