Listed Finance hacker claims he flipped to whitehat work

Andean Medjedovic, a College of Waterloo arithmetic graduate dwelling as a fugitive for over a 12 months after being charged for stealing crypto tokens, says he took a flip for the higher regardless of evading the courtroom.

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 12 months. Nonetheless, authorities didn’t find him.

Fugitive Medjedovic eludes arrest for a 12 months regardless of arrest order

Medjedovic stated he would quickly arrange a pleasant base since shifting round was tiresome.

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

At a courtroom listening to in January, superior courtroom choose Fred Myers said that Medjedovic used his mathematical prowess to create and deploy a sophisticated pc assault in opposition to 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 nice guys. He believes that shifting 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 regulation” protection, a time period used continuously in DeFi that states that every one trades made throughout the bounds of a sensible contract’s code are authorized.

In line with Bloomberg, he earned a grasp’s diploma from Waterloo College in only one 12 months, a report not even fellow alumnus Vitalik Buterin achieved.

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 may determine Medjedovic. They begged him to offer them their a reimbursement.

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.