US EditionU.S. Prosecutors Charge Canadian Man With $65M Hacks of Indexed Finance, KyberSwap
- A 22-year-old Canadian math whiz has been charged by the U.S. Department of Justice in connection with cryptocurrency hacking schemes that allegedly earned him US$65 million in digital tokens.
- Mr. Medjedovic is accused of exploiting vulnerabilities in decentralized financial platforms and laundering the proceeds of his schemes, according to the indictment unsealed on Monday.
- On October 14, 2021, Mr. Medjedovic allegedly stole US$16.5 million in digital tokens from two liquidity pools operated by Indexed Finance.
- The indictment claims he attempted to use several Layer 2 bridges to move approximately $42 million in fraudulently obtained crypto assets to the Ethereum blockchain.
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‘I may be on the run forever now’: Canadian man named in alleged US$65-million crypto scheme
Police south of the border are searching for a 22-year-old Canadian with a master’s degree in mathematics who allegedly stole roughly US$65 million worth of cryptocurrency and then bragged about it on “various electronic communication services.”
·Canada
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