Law / Digital Currency

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Israel Extradites Alexander Block to U.S. Over Nomad Bridge Theft Allegations

U.S. prosecutors allege a 2022 theft of $2.8 million; other users later moved more than $186 million from wallets controlled by the project.

Updated 1 min read
Visitors pass the Supreme Court of Israel in Jerusalem on an overcast morning. (AI-generated image / EconoTimes)
Visitors pass the Supreme Court of Israel in Jerusalem on an overcast morning. (AI-generated image / EconoTimes)

Israel has extradited Alexander Block to the United States to face charges tied to a 2022 Nomad Bridge exploit that prosecutors say involved $2.8 million in tokens.

The U.S. case alleges Block, previously known as Alexander Gurevich and a citizen of Israel and Russia, first sent six transfers to probe a weakness in Nomad’s smart contracts. Prosecutors say he followed with four larger transfers involving tokens worth $2.8 million.

Prosecutors also say Block routed the tokens through several wallets and exchanged them for other cryptocurrencies to obscure their origin. After the weakness surfaced, other users removed more than $186 million in digital assets from wallets under the project’s control.

Israel’s Supreme Court rejected Block’s challenge to extradition. The justices said that software accepting a transaction does not settle whether access was lawful when a defect was exploited. They also said blockchain activity alone may not identify the person behind a wallet or determine whether funds were deliberately concealed.

Chief Justice Isaac Amit later denied Block’s request for another hearing.

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