Canadian hacker accused of stealing $65 million goes into hiding in Bosnia

Source
Uk Jin

Summary

  • It reported that Medjedovic is accused of exploiting vulnerabilities in digital-asset platforms to steal assets worth $65 million.
  • It said Dutch and U.S. law enforcement authorities are investigating, believing he was involved in the KyberSwap hacking incident and the Indexed Finance attack.
  • It reported that Medjedovic’s whereabouts have been unclear since his release in Serbia, and investigators are placing weight on the possibility he is staying in Bosnia.

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Andean Medjedovic, a Canadian hacker accused of stealing tens of millions of dollars by hacking a digital asset (cryptocurrency) platform, is believed to have gone into hiding in Bosnia after being released in Serbia.

According to Cryptopolitan, a digital-asset news outlet, on the 30th (Korea time), Medjedovic was arrested in Belgrade, Serbia, in 2024 and detained for 105 days, but was released after Dutch authorities’ extradition request was rejected. His exact whereabouts have not been confirmed since, and investigators are focusing on the possibility that he is staying in Bosnia.

Medjedovic is accused of exploiting vulnerabilities in digital-asset platforms to steal assets worth a total of $65 million (about 90 billion won). Dutch and U.S. law enforcement authorities are investigating, believing he was involved in the 2023 hack of the decentralized finance (DeFi) platform KyberSwap and the attack on Indexed Finance.

Investigative records say Medjedovic has remained on the run by moving across Europe, the Middle East and South America, using aliases and forged passports.

Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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