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  • Claim

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Authorities allege Andean Medjedovic manipulated smart contract algorithms by borrowing tokens to create artificial prices and used crypto mixers to launder the stolen funds

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They also allege Medjedovic tried to launder the proceeds of the Indexed and KyberSwap exploits using an unnamed crypto mixer.
Court documents state that Medjedovic allegedly exploited automated smart contracts in the KyberSwap and Indexed Finance protocols between 2021 and 2023. Medjedovic is accused of borrowing tokens worth hundreds of millions of dollars to manipulate smart contract calculations.

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