A Canadian math prodigy allegedly stole US$65-million in crypto. Now he’s on the lam from U.S. authorities
Andean Medjedovic was 18 years old when he made a decision that would irrevocably alter the course of his life.
In the fall of 2021, shortly after completing a master’s degree at the University of Waterloo, the math prodigy and cryptocurrency trader from Hamilton had conducted a complex series of transactions designed to exploit a vulnerability in the code of a decentralized finance platform. The manoeuvre had allegedly allowed him to siphon approximately US$16.5-million in digital tokens out of two liquidity pools operated by the platform, Indexed Finance, according to a U.S. court document.
Indexed Finance’s leaders traced the attack back to Mr. Medjedovic, and made him an offer: Return 90 per cent of the funds, keep the rest as a…