Alleged Nomad Bridge Hacker Arrested and Faces US Extradition MoneyCheck

pTable of ContentsppA RussianIsraeli citizen allegedly involved in the 190 million Nomad bridge hack from 2022 has been arrested in Israel and faces extradition to the United States Alexander Gurevich was apprehended at BenGurion Airport on May 1 while attempting to board a flight to RussiappGurevich is accused of being the first to exploit a vulnerability in the Nomad bridge protocol in August 2022 personally stealing approximately 289 million worth of cryptocurrency tokens The initial breach triggered a wave of copycat attacks that ultimately resulted in the protocol losing a total of 190 millionppIsraeli authorities detained Gurevich just days after he had legally changed his name to Alexander Block in Israels Population Registry and received a passport under that new identity This apparent attempt to evade law enforcement came shortly after his return to Israel from an overseas trip on April 19ppUS federal prosecutors filed an eightcount indictment against Gurevich in the Northern District of California in August 2023 The formal extradition request was submitted to Israeli authorities in December 2024ppThe Nomad bridge hack was unique in how it unfolded After Gurevich allegedly identified and exploited the initial vulnerability dozens of copycat hackers quickly followed suitppBlockchain security expert Peter Kacherginsky commented on the arrest noting that Gurevich fits the profile of a cryptonative threat actor skilled in smart contract exploitation but ultimately undone by poor opsecppThe attacker behind the 186M Nomad Bridge hack has been identified as Alexander Gurevich aka BlockppHe fits the profile of a cryptonative threat actor skilled in smart contract exploitation but ultimately undone by poor opsechttpstco7U6plnewRhpp Peter Kacherginsky iphelix May 4 2025ppppAccording to analysis from Coinbase 88 unique wallet addresses participated in the attack as copycats collectively responsible for removing 88 million from the bridge Some participants later turned out to be whitehats or ethical hackers who returned the funds they had withdrawnppCourt documents reveal that Gurevich allegedly reached out to Nomads chief technology officer James Prestwich via Telegram following the hack Using a fake identity he reportedly admitted to amateurishly seeking a crypto protocol to exploitppIn these communications Gurevich allegedly apologized for the trouble he caused Prestwich and his team and voluntarily transferred about 162000 into a recovery wallet the company had set upppPrestwich offered Gurevich 10 of the value of the stolen assets as a bounty a common practice in the crypto industry where protocols sometimes negotiate with hackers to recover funds Gurevich reportedly said he would consult his lawyer but never continued the conversationppAt some point during these negotiations Gurevich allegedly demanded a 500000 reward for identifying the vulnerability This type of arrangement where hackers return most funds in exchange for keeping a portion as a bounty has precedent in the crypto worldppThe money laundering and computer crime charges Gurevich faces in the US carry a maximum sentence of 20 years which is much harsher than any penalties he would face in IsraelppIsraeli officials believe Gurevich carried out the attack while in Israel as he reportedly arrived in the country just days before the 190 million exploit occurred in August 2022ppThe Nomad bridge hack was described by blockchain researcher Samczsun as chaotic because of how easy it was for copycats to join in You didnt need to know about Solidity or Merkle Trees he explained at the time All you had to do was find a transaction that worked findreplace the other persons address with yours and then rebroadcast itppGurevichs case highlights the growing international cooperation in pursuing cryptocurrency criminals even as they attempt to use multiple jurisdictions and identities to evade captureppVisit Benzinga Propp Futures Crypto Trader
Sharing charts strategies mindset tips to help you level up
Not Financial Advice
Follow on X ProTraderEdgeppComments are closedppIn recent weeks the crypto market has regained its explosive status and during this recoverypppp Type above and press Enter to search Press Esc to cancelppEXCLUSIVE 200 Welcome Bonus 1M Weekly Lottery Morep