Canadian Fugitive Accused of $65 Million Crypto Theft

A 21-year-old Canadian fugitive, Andean Medjedovic, is accused of stealing $65 million in assets from Indexed Finance and KyberSwap through hacking. According to Foresight News, Medjedovic was arrested in Belgrade, Serbia, in August 2024, but was released after a Serbian court denied the Netherlands' extradition request. He is believed to be hiding in Bosnia. Investigations reveal that Medjedovic used his skills in mathematics and programming to attack Indexed Finance at the age of 18, profiting $16.5 million. He later targeted KyberSwap in 2023, gaining $48 million. Medjedovic allegedly used a fake Slovak passport and traveled across countries including Brazil, Dubai, and Spain. The U.S. Department of Justice accuses him of laundering money through mixers like Tornado Cash. Despite facing arrest warrants from multiple countries, Medjedovic has denied all charges in previous court statements, claiming he continues to earn $100,000 monthly as a freelance cryptocurrency professional.