Canadian Fugitive Wanted for $65M Crypto Heist in KyberSwap Case
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Charges Against Andean Medjedovic: A Canadian national, Andean Medjedovic, faces multiple charges including wire fraud and money laundering for allegedly stealing $65 million in cryptocurrency by exploiting vulnerabilities in KyberSwap and Indexed Finance from 2021 to 2023.
Impact of the Exploits: The breaches resulted in significant financial losses for both platforms, with KyberSwap losing approximately $49 million and Indexed Finance suffering a $16 million loss, leading to efforts for user compensation and challenges in regaining investor trust.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
