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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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A New York federal court indictment claims Andean Medjedovic exploited Indexed Finance in October 2021 to steal about $16 million and targeted KyberSwap in November 2023
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Andean Medjedovic faces charges including wire fraud, computer hacking, attempted extortion, and money laundering in connection with the heist
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