Listed Finance hacker claims he flipped to whitehat work

Andean Medjedovic, a College of Waterloo arithmetic graduate dwelling as a fugitive for over a yr after being charged for stealing crypto tokens, says he took a flip for the higher regardless of evading the court docket. 

Andean Medjedovic was charged with stealing $15 million in cryptocurrency tokens in a civil lawsuit. He was topic to an arrest warrant for over a yr. Nevertheless, authorities didn’t find him.

Fugitive Medjedovic eludes arrest for a yr regardless of arrest order

Medjedovic mentioned he would quickly arrange a pleasant base since transferring round was tiresome. 

On Dec. 21, 2021, a court docket listening to was scheduled, by which the choose issued an arrest warrant after Medjedovic didn’t attend court docket.

At a court docket listening to in January, superior court docket choose Fred Myers said that Medjedovic used his mathematical prowess to create and deploy an advanced pc assault towards Listed Finance. Medjedovic enticed the platform to switch him $15 million in crypto that was not his.

Throughout a rambling Telegram dialog with DL Information, he made an sudden declaration claiming to now work for the great guys. He believes that transferring from fraudulent hacking with dangerous intent to whitehat work is a extra sustainable mode of dwelling.

He claims that he can discovered on Immunefi’s leaderboards, a platform the place individuals determine code flaws to forestall hacker assaults.

Medjedovic is accused of abusing Listed software program utilizing the username UmbralUpsilon. In his interactions with victims, he used the “code is legislation” protection, a time period used incessantly in DeFi that states that each one trades made inside the bounds of a sensible contract’s code are authorized.

In keeping with Bloomberg, he earned a grasp’s diploma from Waterloo College in only one yr, a file not even fellow alumnus Vitalik Buterin completed.

Listed founders used the UmbralUpsilon username to trace Medjedovic

By connecting the UmbralUpsilon username, the pockets of the exploiter, and Medjedovic’s electronic mail, Listed founders Laurence Day and Dillon Kellar might determine Medjedovic. They begged him to present them their a refund. 

Medjedovic made enjoyable of them on Twitter by saying they had been out-traded and that there was nothing they may do to alter that since that’s how crypto works.