Canadian Man Behind KyberSwap and Indexed Finance Hack Charged in $65 Million
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Indictment of Andean Medjedovic: U.S. prosecutors have indicted Canadian hacker Andean Medjedovic for stealing nearly $65 million from cryptocurrency platforms KyberSwap and Indexed Finance through market manipulation, wire fraud, and extortion.
Criminal Activities and Investigation: Medjedovic allegedly attempted to extort KyberSwap's administrators and launder the stolen funds using a crypto mixer, but his plans were thwarted by an undercover operation that revealed his detailed schemes and intentions to flee Canada.
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.
