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News Explorer — Canadian Man Indicted for Exploiting DeFi Protocols in $65M Scheme

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Feb 4, 4:19 am
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Canadian Man Indicted for Exploiting DeFi Protocols in $65M Scheme

A Canadian man, Andean Medjedovic, has been indicted for exploiting vulnerabilities in DeFi protocols KyberSwap and Indexed Finance to fraudulently obtain $65 million from investors. Despite facing five charges, including wire fraud and money laundering, Medjedovic remains at large, with law enforcement agencies actively pursuing him.

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