Address linked to Indexed Finance, KyberSwap hacks sells $2M in crypto
December 30, 2025, 4:49 AM
An address believed to belong to the hacker behind the exploits of DeFi platforms Indexed Finance and KyberSwap has sold over $2 million in cryptocurrency after approximately one year of dormancy, Crypto Briefing reported, citing on-chain analytics firm Lookonchain. Over the past eight hours, the wallet sold off holdings of UNI, LINK, CRV, and YFI. U.S. prosecutors have previously identified Canadian national Andean Medjedovic as the perpetrator behind the 2021 Indexed Finance hack and the 2023 KyberSwap exploit. He was indicted for stealing an estimated $65 million from the two incidents and remains a fugitive.
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