PANews reported on January 30th that, according to CBC News, 21-year-old Canadian cryptocurrency fugitive Andean Medjedovic is suspected of stealing a total of $PANews reported on January 30th that, according to CBC News, 21-year-old Canadian cryptocurrency fugitive Andean Medjedovic is suspected of stealing a total of $
A 21-year-old Canadian fugitive is suspected of stealing $65 million in cryptocurrency through hacking.
News Brief
**PANews** reported on January 30th that Andean Medjedovic, a 21-year-old Canadian crypto fugitive, stands accused of orchestrating hacks against Indexed Finance and KyberSwap, allegedly siphoning roughly $65 million in total. Serbian authorities arrested him in Belgrade last August; however, he secured his release after a Serbian court rejected the Dutch extradition appeal. According to US Justice Department files, he may have fled to Bosnia—his current whereabouts remain unknown. Leveraging his mathematical and coding expertise, Medjedovic reportedly struck Indexed Finance at merely 18 years old, absconding with $16.5 million. Subsequently, in 2023, he targeted KyberSwap, extracting another $48 million. Authorities believe he traveled across Brazil, Dubai, and Spain using a fraudulent Slovakian passport, while US prosecutors allege he laundered the stolen funds through mixing services like Tornado Cash.
PANews reported on January 30th that, according to CBC News, 21-year-old Canadian cryptocurrency fugitive Andean Medjedovic is suspected of stealing a total of $65 million from Indexed Finance and KyberSwap platforms through hacking. Medjedovic was arrested in Belgrade, Serbia in August 2024, but was released after a Serbian court rejected a Dutch extradition request. US Department of Justice documents indicate that he may have fled to Bosnia and his current whereabouts are unknown.
Medjedovic used his mathematical and programming talents to attack Indexed Finance at the age of 18, earning $16.5 million, and then attacked KyberSwap in 2023, earning $48 million. Medjedovic used a fake Slovakian passport and traveled to multiple countries including Brazil, Dubai, and Spain. The US Department of Justice has accused him of using money mixers such as Tornado Cash for money laundering.
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