Canadian Math Whiz or Crypto Con? Feds Charge 22-Year-Old in $65M DeFi Heist
A Canadian math prodigy, Andean Medjedovic, is charged with exploiting DeFi protocols to allegedly siphon $65 million. Using the “code is law” defense, he reportedly manipulated smart contracts. While facing charges of wire fraud and money laundering, he’s also accused of attempting extortion and laundering assets through blockchain networks.
Hot Take:
Oh Canada! It seems one of your math prodigies decided to trade in his calculator for a crypto heist toolkit. Who knew that acing math class could lead to such… entrepreneurial endeavors?
Key Points:
- A 22-year-old Canadian math genius allegedly siphoned off $65 million using decentralized finance protocols.
- Medjedovic used “deceptive trades” on KyberSwap and Indexed Finance to manipulate smart contracts.
- He allegedly tried to extort victims and laundered assets using blockchain bridges.
- His alleged “post-exploitation” notes included plans to burn evidence and flee.
- He faces a slew of charges and potential decades in prison if convicted.
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