Open account

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

A known DeFi exploiter, Andean Medjedovic, moved 2,900 ETH (about $6.8 million) to the sanctioned mixer Tornado Cash on April 29, 2026 — the largest single confirmed laundering move tied to the Kyberswap/Indexed Finance exploits. Medjedovic, charged by the DOJ in Feb 2025 for the $48.8M Kyberswap and $16.5M Indexed Finance hacks, remains at large. The transaction underscores ongoing on‑chain laundering activity and legal risk for stolen crypto; while not an immediate market shock, continued large transfers and use of mixers could heighten regulatory scrutiny and negative sentiment toward Ethereum‑related flows.

Category

Ethereum

Sentiment

Neutral

Event

Security incident

Reading time

1 min