Who is Andean Medjedovic, the alleged $48M KyberSwap hacker?

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The $48 Million Man: Hacker or Just an Overachiever with Poor Judgment? 🤔💸

So, here’s the scoop: federal prosecutors in the U.S. have decided that Andean Medjedovic is the alleged genius behind the $65 million holiday heist at two decentralized finance (DeFi) protocols. I guess he thought “hacker” was what he’d put on his LinkedIn to impress the folks at Thanksgiving. Spoiler alert: it didn’t impress the Department of Justice (DOJ) much. 🙄

On February 3rd, they unsealed an indictment that charged him with more counts than you have fingers: wire fraud, computer hacking, attempted extortion… you name it, he’s in trouble for it! Bless his heart, he even had the audacity to follow up with a “sham settlement proposal.” Come on, that’s like offering your dentist a coupon for free gum as payment for a root canal. 😬

And guess what? Medjedovic is currently dodging the long arm of the law like a kid avoiding chores. He’s apparently wanted in Canada, too, because apparently ignoring court summons is a sport up there. But who is this mathematical mastermind turned wannabe crypto kingpin? 🧐

Meet the Math Whiz from Vitalik Buterin’s Old Stomping Grounds 📚

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Once upon a time, in a land called Waterloo, Medjedovic graduated high school at the ripe old age of 14. Can you say “overachiever”? This kid zoomed through his undergrad in mathematics in a mere three years at the University of Waterloo, the place where smart people go to get even smarter (or drop out like Vitalik Buterin — no shade!). 🎓

By the age of 17, he was already onto his master’s degree, probably thinking he could hack his way into a PhD before hitting puberty. I mean, this guy was so good in math that his professor bragged he had never seen anyone finish that early. I bet he also never saw a guy who thought hacking was cool. 😅

But his social skills? Eh, not so great. Classmates described him as a textbook “arrogant jerk.” And while arrogance is often paired with intelligence, apparently it doesn’t always come with basic human decency. He’s even dabbled in some rather shady ideologies, because who needs personal growth when you can just stir the pot with bad attitudes, right? 🙃

According to reports, he still finds joy in making everything uncomfortable for everyone around him. I mean, why talk about your feelings when you can disparage entire groups of people instead? 🙄

Meet the Troll Who Took From Indexed Finance 🚨

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Fast forward to October 2021, when Medjedovic unleashed his talents on Indexed Finance. He allegedly manipulated the trading pools like he was playing Monopoly, except in this version, going to jail didn’t mean you couldn’t still collect rent. He saw a coding misstep and spent months crafting a hack that pulled off the largest game of hide and seek ever… with $16.5 million. 🤑

You’d think he’d keep a low profile, but no! He went right back to business with KyberSwap, creating a digital “I’m still here” sign using roughly $49 million in investor crypto. I mean, truly, he’s just a fan of attention. When he tried demanding control over the entire company like he was the king of a not-so-crypto kingdom, I can just picture everyone shaking their heads in disbelief. 😂

  • He wanted the company.

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    Temporary full authority of its governance mechanism — just a casual request.

  • All documents related to the company. You know, just in case he wanted to start his own league of evildoers.

  • All of the Kyber company’s assets — someone was feeling ambitious!

After several wild attempts to launder the funds (the equivalent of trying to wash your hands with dirty water), he managed to land himself on several watchlists. I hope he’s enjoying his getaway, because this cryptocurrency cash-out circus isn’t likely to end anytime soon. 🤷‍♀️

The DOJ is pooling their resources with international forces to catch this rogue mathlete. So while he’s busy playing “Where in the World is Carmen Sandiego?” with his stolen wealth, we’re left wondering when the curtain will drop on this real-life episode of “Pretty Little Liars.” 🚔

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2025-02-04 20:30