The U.S. Department of Justice has charged a 22-year-old Canadian math whiz in connection with what it calls “cryptocurrency hacking schemes” that allegedly netted him US$65-million in digital tokens.



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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.”

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Authorities allege Andean Medjedovic stole US$16.5-million in digital tokens from liquidity pools operated by Indexed Finance in 2021 and fraudulently obtained US$48.4-million of digital tokens from KyberSwap in 2023

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U.S. authorities charge Canadian teen math whiz in alleged US$65-million cryptocurrency scheme

The US Department of Justice charged Andean Medjedovic with exploiting two crypto protocols, alleging he tried to extort one with a “sham settlement proposal.”

Cointelegraph

US charges Canadian over $65M KyberSwap, Indexed Finance hacks

22-year-old Andean Medjedovic of Canada could spend decades in prison if convicted.

Ars Technica

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United States

Man indicted for two alleged DeFI hacks that stole $65 million

Suspect, still at large, said to back concept that 'code is law'
New York feds today unsealed a five-count criminal indictment charging a 22-year-old Canadian math prodigy with exploiting vulnerabilities in two decentralized finance protocols, allegedly using them to fraudulently siphon around $65…

BizToc

US accuses Canadian math prodigy of $65M crypto scheme

A Canadian man has been charged with stealing $65 million in cryptocurrency from a pair of crypto platforms and also with laundering his illegal gains, federal prosecutors in Brooklyn said on Monday. The defendant, Andean Medjedovic, 22, undertook sophisticated hacks of KyberSwap and Indexed Finance, crypto platforms that developed services on which users exchanged tokens with each other. He stole roughly $49 million and $16 million, according t…

DNyuz

Canadian ‘Pirate’ Stole Millions in Cryptocurrency, U.S. Prosecutors Say

U.S. prosecutors have charged a 22-year-old Canadian man with stealing a combined $65 million in crypto through two separate decentralized finance (DeFi) hacks — the 2021 Indexed Finance exploit and the 2023 KyberSwap hack. STORY CONTINUES BELOW In a newly-unsealed indictment filed in the Eastern District of New York (EDNY), prosecutors say Andean “Andy” Medjedovic was... The post U.S. Prosecutors Charge Canadian Man With $65M Hacks of Indexed F…

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U.S. Prosecutors Charge Canadian Man With $65M Hacks of Indexed Finance, KyberSwap

Suspect, still at large, said to back concept that 'code is law'

The Register

He purportedly exploited vulnerabilities in the smart contracts of KyberSwap and Indexed Finance to steal around $48.8 million and $16.5 million respectively.

CryptoPanic

Canadian charged with theft of $65 million worth of crypto from KyberSwap, Indexed Finance, remains at large

A Canadian hacker allegedly exploited vulnerabilities in two defi platforms, stealing $65 million and laundering funds through crypto mixers, prosecutors say. He remains at large. DOJ Indicts Canadian Hacker for $65M Defi Exploit The U.S. Department of Justice (DOJ) announced on Feb. 3 that a federal court in New York unsealed a five-count criminal indictment […]

Bitcoin.com

DOJ Charges Canadian National in $65M Crypto Heist, Fugitive Still at Large – Featured Bitcoin News

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U.S. Prosecutors Charge Canadian Man With $65M Hacks of Indexed Finance, KyberSwap

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