Canadian Man Charged in $65M Cryptocurrency Hacking Schemes
ID: 1c1fc88c-9af1-50af-968f-dde679aaeab7
STIX ID: report--1c1fc88c-9af1-50af-968f-dde679aaeab7
Feed Name: Dark Reading
Threat Score
The Department of Justice unsealed an indictment charging a Canadian individual, Andean Medjedovic, with exploiting vulnerabilities in KyberSwap and Indexed Finance DeFi smart contracts from 2021–2023 to fraudulently extract roughly $65 million, laundering proceeds through mixers and bridges and attempting extortion; charges include wire fraud, unauthorized damage to a protected computer, attempted extortion, and money laundering.
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