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Canadian national Andean Medjedovic, aged 22, has been charged by U.S. authorities with stealing approximately $65 million in cryptocurrency by exploiting vulnerabilities in two decentralized finance (DeFi) protocols, KyberSwap and Indexed Finance. The alleged schemes took place between 2021 and 2023. Medjedovic reportedly manipulated smart contracts using deceptive trading methods and borrowed tokens to drain $48.8 million from KyberSwap liquidity pools and $16.5 million from Indexed Finance pools. He also attempted to extort KyberSwap by demanding control of the protocol in exchange for returning half of the stolen funds. Additionally, Medjedovic is accused of laundering the proceeds through cryptocurrency mixers, swap transactions, and accounts opened with false identities. The charges, part of a five-count criminal indictment, include wire fraud, unauthorized damage to a protected computer, attempted extortion, and money laundering. If convicted, he could face up to 20 years in prison for most charges. Medjedovic remains at large.