Andean Medjedovic (KyberSwap / Indexed Finance Attacker)
Summary
Andean Medjedovic is a 22-year-old Canadian national indicted by the U.S. Department of Justice (Eastern District of New York) on February 3, 2025, for allegedly stealing approximately $65 million from two decentralized finance protocols — Indexed Finance ($16.5 million in October 2021) and KyberSwap ($48.4 million in November 2023) — through flash-loan manipulation and deceptive smart contract trading. He has been a fugitive since December 2021, was arrested in Belgrade, Serbia in August 2024 but released after extradition was denied, and was believed to be at large in Bosnia as of January 2025. A Washington D.C. lobbying firm filed documents in February 2026 seeking a U.S. presidential pardon on his behalf.
Connected Entities
1 entities · 10 linked investigations- + 3 more
Timeline(13 events)
2021-10-14
Indexed Finance protocol exploited for approximately $16.5 million via flash-loan manipulation of the protocol's re-indexing process. Medjedovic later publicly acknowledged involvement.
DOJ Office of Public Affairs2021-12-17
Notice of action filed in Ontario Superior Court of Justice (Cicada 137 LLC v. Medjedovic) — proposed class action on behalf of Indexed Finance investors.
Blockworks2021-12
Ontario Superior Court issues bench warrant for Medjedovic's arrest after he fails to appear for civil court proceedings. Medjedovic begins life as a fugitive.
CBC News2023-11-22
KyberSwap Elastic protocol exploited for approximately $48.4–48.9 million across Arbitrum, Optimism, Ethereum, and other chains via tick-boundary precision exploit using flash loans.
KyberSwap Blog Post Mortem2023-11
KyberSwap attacker sends on-chain extortion message demanding complete control of the KyberSwap protocol in exchange for returning 50% of stolen assets.
DOJ Office of Public Affairs2023-12-11
European arrest warrant issued by Dutch authorities after establishing the KyberSwap hack was allegedly executed from a hotel in The Hague where Medjedovic checked in using a fake Slovak passport.
CBC News2024-02
Medjedovic allegedly pays approximately $86,559 to an undercover law enforcement agent for money laundering assistance.
The Record2024-08-09
Medjedovic arrested in Belgrade, Serbia after arriving in the city using the alias 'Lorenzo' to book an apartment. Interpol Belgrade contacts Dutch authorities.
CBC News2024-11
Belgrade Higher Court denies Dutch extradition request, ruling insufficient proof of guilt and that alleged offenses carried sentences too light to warrant extradition. Medjedovic released after approximately 105 days in custody.
CBC News2025-01-17
U.S. Department of Justice filing states Medjedovic is believed to be at large in Bosnia.
Balkan Insight2025-02-03
U.S. Attorney's Office for the Eastern District of New York unseals five-count indictment against Medjedovic: wire fraud, unauthorized computer damage, attempted Hobbs Act extortion, money laundering conspiracy, and money laundering. Maximum combined penalty of 90 years.
DOJ Office of Public Affairs2026-02-20
JM Burkman & Associates files Foreign Agents Registration Act documents disclosing $300,000 retainer to seek a U.S. presidential pardon for Medjedovic.
CBC News2026-04-30
Blockchain investigator Specter reports wallets tied to Medjedovic transfer approximately $13.5 million in Ether to Tornado Cash, bringing total allegedly laundered via the mixer to nearly $25 million. Attribution not definitively confirmed.
DL NewsDecision Log
- hash: RZgPBLzXfH3jitiLbyGD6rjuEoQQV3fjWyFxu1y73Wt
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-6
generated: 6/29/2026, 12:30:53 PM
last updated: 6/29/2026, 12:31:02 PM
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