TechFlow news, January 30: According to CBC News, Andean Medjedovic, a Canadian hacker suspected of stealing approximately $65 million in cryptocurrency from Indexed Finance and KyberSwap, has gone missing again after being arrested in Serbia.
Court documents indicate that since fleeing Canada in 2021, Medjedovic has operated across multiple countries, including Brazil, Dubai, Spain, and the Netherlands. In December 2023, he was charged with carrying out a “sophisticated hacking attack” against the Vietnamese exchange KyberSwap from a hotel in the Netherlands using a forged passport, netting $48 million. He was arrested in Belgrade in August 2024 but released after 105 days in custody; U.S. Department of Justice documents suggest he may have fled to Bosnia. The U.S. Department of Justice accuses Medjedovic of laundering stolen funds via the cryptocurrency mixer Tornado Cash and collaborating with an accomplice to transfer the illicit proceeds.
