Israel Extradites Alleged Nomad Bridge Exploiter to US Over $2.8M Theft: Report
According to reporting by Decrypt Financial Technology, Israel's Supreme Court ruled that exploiting a coding flaw can count as computer intrusion, even when the software allowed the transaction.
Financial technology, consumer banking, and digital asset markets are assessing developments reported by Decrypt Financial Technology. Consumers and investors should review regulatory guidance and rate disclosures.
“Financial technology, consumer banking, and digital asset markets are assessing developments reported by Decrypt Financial Technology. Consumers and investors should review regulatory guidance and rate disclosures.”
Key Verified Points
- •Official Issuing Wire: Decrypt Financial Technology
- •Editorial Desk: Digital Banking
- •Coverage Domain: FINTECH
- •Publication Status: Verified Journalistic Dispatch
Executive Briefing
According to reporting by Decrypt Financial Technology, Israel's Supreme Court ruled that exploiting a coding flaw can count as computer intrusion, even when the software allowed the transaction.
Detailed Factual Report
Israel has extradited an Israeli-Russian citizen to the United States to face charges over the alleged theft of about $2.8 million from crypto bridge Nomad, Israel's State Attorney's Office announced on Thursday, according to a report in The Jerusalem Post .
Alexander Block, formerly known as Alexander Gurevich, was transferred to U.S. authorities early Thursday after unsuccessful appeals in Israel. He was arrested at Ben Gurion Airport in May 2025 while preparing to fly to Russia, shortly after changing his surname and obtaining a passport in his new name.
A federal grand jury in the Northern District of California indicted Block in August 2023 on four counts of computer fraud, one count of transporting stolen property and three counts of money laundering, according to Israel's Supreme Court judgment in the case. The U.S. requested his extradition in December 2024.
According to the U.S. extradition request, as set out in the judgment, a June 2022 software update left a flaw in Nomad's smart contracts that let users receive tokens on one blockchain without locking up the equivalent assets on another. Block, operating under the username "Bitlik," allegedly made six test transfers before carrying out four main transfers around August 1, 2022, receiving tokens worth more than $2.8 million. He then allegedly moved the tokens through several wallets and converted them into other cryptocurrencies to conceal their origin.
Verified Data Points & Key Takeaways
Geographic Scope & Community Impact
Recommended Action & Safety Guidelines
Source & Verification Provenance
Information in this article was compiled directly from records provided by Decrypt Financial Technology. Access the primary source document at: https://decrypt.co/382230/israel-extradites-alleged-nomad-bridge-exploiter-to-us-over-2-8m-theft-report. Reporting and editorial review conducted by the USA NOW News Desk.
Event Timeline & Developments
Frequently Asked Questions
How does this development impact digital banking and consumer finance?
Financial technology and digital asset platforms are aligning operations with regulatory directives issued by bodies including the SEC and CFPB, as reported by Decrypt Financial Technology.
Are consumer funds and deposits protected?
Consumers should ensure their banking and fintech providers interface with FDIC-insured or federally supervised depository institutions.
Official Government & Primary Citations
- Decrypt Financial Technology — https://decrypt.co/382230/israel-extradites-alleged-nomad-bridge-exploiter-to-us-over-2-8m-theft-report
Get America’s Most Critical Breaking Alerts Instantly
Subscribe to receive automated, verified bulletins on severe weather, major recalls, national airspace travel, and emergency declarations directly in your inbox.
Most Popular Across America
Top trending dispatches and verified public interest records right now
Magnitude 5.0 Earthquake Strikes Near Volcano Islands, Japan region
Verified reporting recorded across Pagan region, Northern Mariana Islands indicates that a magnitude 5.0 earthquake was registered by USGS seismographs near Pagan region, Northern Mariana Islands at a depth of 129.4 kilometers.
Gale Warning issued September 22 at 3:00AM EDT until September 25 at 12:00AM EDT by NWS Newport/Morehead City NC in North Carolina
TORDDC The National Weather Service in Dodge City has issued a * Tornado Warning for... Central Pawnee County in south central Kansas... * Until 345 PM CDT. * At 320 PM CDT, a severe thunderstorm capable of producing a tornado was located.
Trump to headline "Golden Age" event with top officials, tech executives
President Trump is slated to speak on Tuesday in Washington at an event that features Elon Musk, Jensen Huang and others, according to invitation materials reviewed by CBS News.
This week on "Sunday Morning" (Sept. 27)
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
Contrasting treatment of Israel and Palestine on display at the UN
Israel’s Prime Minister addressed the UN General Assembly in person, despite having an ICC arrest warrant.
More than 100 arrested as New Yorkers protest Netanyahu’s UN visit
Demonstrators blocked streets and marched towards UN headquarters as the Israeli PM addressed world leaders at UNGA.
Related US News & Bulletins
Waymo’s next robotaxi is a purpose-built Toyota bZ4X
According to reporting by The Verge Tech, Waymo announced today that when it launches a robotaxi service in Tokyo in 2027, it will use Toyota bZ4X electric vehicles that are assembled in Japan. The news builds on the strategic partnership between Waymo and Toyota which was first announced in April.
alertsPope Leo becomes first pontiff to vote in a U.S. election
According to reporting by CBS News US Politics, The Vatican said Pope Leo exercised his right as a U.S. citizen, submitting a mail-in ballot in his native Chicago ahead of the midterm elections next week.
worldUS inmate Christa Pike says she woke up 'confused and in pain' after failed execution
According to reporting by BBC News World, It is Pike's first public statement since she survived an execution attempt by lethal injection in September.
breakingTech stocks crushed as Nasdaq futures tumble nearly 800 points
According to reporting by CBS News US National, Disappointing earnings reports from Alphabet, Amazon and Intel are renewing fears that the AI trade could unravel.