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KyberSwap Exploiter Continues Laundering Stolen Funds via Tornado Cash
The KyberSwap exploiter moved another 2,000 ETH to Tornado Cash, bringing total laundered funds to 16,100 ETH (~$40M) from the $48.8M November 2023 exploit. This ongoing laundering occurs amid Q2 2026 becoming the most-hacked quarter in crypto history with over 70 DeFi exploits.
Heat
96
Confidence
95%
Evidence
8
Updated
Why It Happened
The exploiter, identified as Andean Medjedovic, continues to move stolen funds through mixers to obfuscate the trail, ignoring a bounty offer from Jaredfromsubway.eth. The broader context shows a surge in DeFi hacks, with Q2 2026 recording 85 incidents and $746M stolen.
Outcome So Far
Over 80% of the $48.8M stolen from KyberSwap has now been laundered through Tornado Cash.
Actors
ANAndean Medjedovic (KyberSwap Exploiter)exploiter
KYKyberSwapvictim protocol
Timeline order
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Parent event 02
Jaredfromsubway.eth Bounty Offer Ignored
Jaredfromsubway.eth offered the exploiter 50% of total funds if they return the ETH. The exploiter responded by moving all funds to Tornado Cash.
Related posts@Rekt_Academy
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Parent event 04
Q2 2026 Becomes Most-Hacked Quarter in Crypto History
Q2 2026 recorded 70+ DeFi exploits with $746M stolen, making it the most-hacked quarter ever. Bridge hacks alone accounted for $340M across 14 incidents.
Related posts@marz1904
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Parent event 05
KyberSwap Exploiter Moves 2,000 ETH to Tornado Cash
The KyberSwap exploiter-labeled address moved another 2,000 ETH to Tornado Cash, bringing total laundered to 16,100 ETH (~$40M). This represents over 80% of the $48.8M stolen in November 2023.
Related posts@PeckShieldAlert
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