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The U.S. Department of Justice has charged Canadian hacker Medjedovic with stealing $65 million through Indexed Finance and KyberSwap
02-04 00:41

Odaily News U.S. prosecutors on Monday charged 22-year-old Andean Medjedovic with two hacks totaling $65 million. Court documents show that Medjedovic previously admitted to making about $16 million in profits from the DeFi protocol Indexed Finance in October 2021. He is also believed to be behind the attack on KyberSwap in November 2023, which caused the protocol and its users to lose about $48 million in cryptocurrency. The hacker later sent about $2 million in cryptocurrency to a digital wallet believed to be controlled by Medjedovic.

Mededovic, who faces five charges including fraud, money laundering and racketeering, did not respond to multiple requests for comment on Monday.

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