Suspect, still at large, said to back concept that 'code is law' New York feds today unsealed a five-count criminal ...
A 22-year-old hacker exploited DeFi smart contracts, stealing $65M from KyberSwap and Indexed Finance before attempting ...
The U.S. charges a 22-year-old Canadian Andean Medjedovic for stealing $65M over a crypto scam. The court documents confirm ...
In around November 2023, after executing the KyberSwap exploit, Medjedovic also allegedly attempted to “extort the victims of the KyberSwap exploit through a sham settlement proposal ...
The scheme, alleged in an indictment unsealed on Monday, occurred in 2021 and 2023 against the DeFI platforms KyberSwap and Indexed Finance. Both platforms provide automated services known as ...
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.
US prosecutors have charged a Canadian national with exploiting the decentralized finance (DeFi) protocols KyberSwap and Indexed Finance, accusing him of stealing around $65 million and laundering ...
The DOJ alleges that he used “deceptive trades” to exploit the protocols and offered a “sham settlement proposal” to KyberSwap after the fact. It also alleges that he tried to launder the ...
Authorities allege Andean Medjedovic stole US$16.5-million in digital tokens from liquidity pools operated by Indexed Finance ...
Though Medjedovic’s alleged role in the KyberSwap exploit was previously unknown, he has publicly admitted to being the Indexed Finance attacker, wiping $16 million from the DeFi platform when ...
In total, he drained approximately $48.4 million in digital tokens from 77 different KyberSwap Elastic liquidity pools and roughly $16.5 million from two Indexed Finance liquidity pools (also ...