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Kyberswap Exploiter Moves 2,900 ETH to Tornado Cash Two Years After $65M Heist

By bitcoin.com
Apr 29, 2026
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Key Takeaways:

Andean Medjedovic moved 2,900 ETH worth $6.8 million to Tornado Cash on April 29, 2026. The DOJ charged Medjedovic in February 2025 for the $48.8M Kyberswap and $16.5M Indexed Finance hacks. Medjedovic remains a fugitive despite FBI, IRS, and Homeland Security involvement in the investigation. A Fugitive Still Moving Funds Image source: X How the Exploits Worked

Operating on code logic rather than human oversight, the contracts then allowed Medjedovic to withdraw funds at artificial prices that made his exits far more profitable than the actual market rate.

Kyber Network exploiter’s remaining $29.8M crypto portfolio

Beyond the hacks, federal prosecutors have also charged Medjedovic with attempted extortion because, after the Kyberswap exploit, he allegedly demanded compensation from the protocol in exchange for returning a portion of stolen assets.

Lastly, Tornado Cash was sanctioned by the U.S. Treasury in 2022, meaning its use by someone already facing federal money laundering charges compounds Medjedovic’s legal exposure, assuming he is ever arrested. His whereabouts remain unknown, with no arrest having been made to date.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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