The U.S. District Court for the Eastern District of New York on Monday unsealed a five-count criminal indictment of a man who attempted to extort the victims of a decentralized exchange hacking through a sham settlement proposal as part of his larger scheme to steal $65 million from investors.
Andean Medjedovic, 22, is charged with one count of wire fraud, one count of unauthorized damage to a protected computer, one count of attempted Hobbs Act extortion, one count of money laundering conspiracy and one count of money laundering. If convicted, Medjedovic faces up to several decades in prison.
