SlowMist founder Yu Xian, also known as Cos, said Chainflip is actively trying to stop North Korean hackers from laundering funds linked to the Bitget hack. After tracking the hackers’ laundering activity for several hours, he said the bridge’s AML/KYT response remains slower than the hackers’ movement of funds. AML (anti-money laundering) and KYT (know-your-transaction) systems are used to identify and track suspicious crypto transactions.