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 ...
Prosecutors allege Andean Medjedovic abused automated smart contracts used by the KyberSwap and Indexed Finance protocols to enrich himself. In the case of KyberSwap, where $48.4 million was ...
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 ...
The court alleged that from 2021 to 2023, Medjedovic preyed on automated smart contracts used by KyberSwap and Indexed Finance decentralized finance protocols. He then racked up loans totaling ...
Data from Etherscan shows most of the stolen crypto was swapped for ETH and BNB at DEXs like Uniswap and Kyberswap. As of ...
According to prosecutors, Andean Medjedovic was able to withdraw millions of dollars of investor funds from cryptocurrency platforms KyberSwap and Indexed Finance from 2021 to 2023. He has not yet ...