Canadian National Charged with $65 Million Crypto Theft
- Andean Medjedovic charged with wire fraud, computer hacking, attempted extortion, and money laundering.
- Allegedly stole $65 million in cryptocurrency from KyberSwap and Indexed Finance.
- Exploited vulnerabilities in smart contracts: $48.8 million from KyberSwap, $16.5 million from Indexed Finance.
- The KyberSwap exploit occurred on November 22, 2023; $4.7 million was recovered post-incident.
- Medjedovic remains at large following the charges.
Andean Medjedovic is accused of exploiting smart contract vulnerabilities to steal a total of $65 million in cryptocurrency from two DeFi protocols, with significant amounts taken from both KyberSwap and Indexed Finance. Despite recovery efforts, he remains at large.
Source (2.6)https://www.theblock.co/post/338628/canadian-charged-with-theft-of-65-million-worth-of-crypto-from-kyberswap-indexed-finance-remains-at-large