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Canadian Man Charged for Exploiting DeFi Vulnerabilities in $65M Hacking Scheme The man, still at large, faces five charges, including wire fraud, computer damage, extortion, and money laundering. A Canadian man has been indicted for allegedly exploiting vulnerabilities in two decentralized finance protocols to fraudulently obtain approximately $65 million from investors, including those in the U.S. The indictment charges 22-year-old Andean Medjedovic with manipulating the smart contracts of decentralized exchange aggregators KyberSwap and Indexed Finance between 2021 and 2023, withdrawing investor funds at artificial prices and rendering their investments worthless. Despite the indictment, Medjedovic remains at large. Law enforcement agencies are actively pursuing his whereabouts, with support from the Netherlands’ Public Prosecution Service and the Dutch National Police Cybercrime Unit in The Hague. Medjedovic is facing five charges, including one count of wire fraud, one count of unauthorized damage to a protected computer, one count of attempted Hobbs Act extortion (refers to the use of force, threats, or fear to unlawfully obtain property), and two counts of money laundering, the U.S. Department of Justice announced Monday. $BTC $ETH $USDC #MoneyLaundering

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Trump’s Tariffs Shake Markets: Dow Futures Slide, Crypto Liquidations Top $2B Global markets brace for volatility as Trump’s tariffs take effect Monday, though some say crypto concerns are overblown. Global markets face a turbulent week after U.S. President Donald Trump's Friday tariff announcement sent U.S. stock futures plummeting and triggered massive crypto liquidations, signaling deepening concerns about prolonged higher interest rates. Dow futures dropped 1.2% late Sunday, while S&P 500 and Nasdaq futures tumbled 1.9% and 2.7% respectively following Trump's announcement of 25% tariffs on Mexican and Canadian goods and 10% levies on Chinese imports. Those are set to take effect on Monday at 12:01 a.m. EST. Bitcoin and Ethereum have sunk 5% and 10% respectively while $DOGE coin and $XRP are down 19% apiece. Crypto markets, trading 24/7, have become early indicators of broader market sentiment. The decline across futures markets and crypto suggest traders expect significant turbulence when U.S. markets open on Monday. $BTC #MarketPullback

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