
CBC News reports the suspect laundered stolen funds via Tornado Cash and was released in Serbia after extradition denial before allegedly evading capture.
Canadian fugitive Andean Medjedovic is accused of stealing $65 million in two DeFi protocol hacks—$16.5 million from Indexed Finance and $48 million from KyberSwap. Arrested in Belgrade in August 2024, Serbian authorities denied a U.S. extradition request and released him. The U.S. Department of Justice alleges he laundered the stolen funds through the cryptocurrency mixer Tornado Cash while evading capture. Authorities believe he later fled, highlighting both the jurisdictional difficulties in prosecuting cross-border crypto crimes and the role of privacy tools in laundering illicit proceeds.