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Ongoing Story· Day 25

Israel Approves Extradition of Suspect in Major Crypto Fraud Case to US

2 developments

NEWSru IsraelSecurity

Israel Extradites Crypto Theft Suspect to U.S.

Translated & summarized from NEWSru Israel by baba

CommunityNeutral tone

Russian · 6 newsrooms covering

Israel extradited Alexander Blok (Gurevich), a dual citizen suspected of stealing $2.8 million in cryptocurrency, to the United States on October 29. He was arrested in May 2025 at Ben Gurion Airport. U.S. authorities accuse him of exploiting a system vulnerability in July 2022 to withdraw funds and then attempting to launder the money. After Israeli courts approved his extradition, he was sent to the U.S. to face charges.

The story in 6 lines · by baba

  • Alexander Blok (Gurevich) was extradited from Israel to the U.S. on October 29 for alleged crypto theft.
  • U.S. authorities suspect Blok of stealing approximately $2.8 million in cryptocurrency.
  • Blok was arrested in May 2025 at Ben Gurion Airport while trying to leave Israel.
  • He allegedly exploited a vulnerability in the Nomad crypto transfer system in July 2022.
  • Israeli courts ruled Blok extraditable, rejecting his appeals and setting legal precedents.
  • The extradition followed the completion of all legal procedures in Israel.
Israel Extradites Crypto Theft Suspect to U.S.
Editorial illustration generated by baba News, not a photograph of the event.

In the early hours of Thursday, October 29, Israel extradited Alexander Blok (Gurevich), a dual Israeli-Russian citizen, to the United States. U.S. authorities suspect Blok of stealing approximately $2.8 million in cryptocurrency, computer fraud, and money laundering. According to the Israeli State Prosecutor's Office, Blok was apprehended in May 2025 at Ben Gurion Airport while attempting to fly to Russia. The U.S. extradition request states that in late July 2022, Blok discovered a vulnerability in the Nomad system, designed for transferring cryptocurrencies between different blockchain networks. Investigators allege that Blok exploited an error in the digital token collateral verification mechanism, enabling him to withdraw tokens worth about $2.8 million on August 1, 2022, without providing the required collateral. He subsequently exchanged the stolen assets for other cryptocurrencies and moved them between electronic wallets in an attempt to conceal their origin. An Israeli district court ruled Blok extraditable, and the Supreme Court rejected his appeal, establishing two significant legal precedents. The court ruled that unauthorized access to a computer system includes exploiting programming vulnerabilities and errors. Furthermore, the court determined that the public nature of the blockchain does not preclude money laundering, as cryptocurrency wallet owners can remain anonymous and numerous transactions obscure the funds' trail. Blok's subsequent request for further judicial review was also denied. The extradition proceeded after all legal procedures in Israel were completed, involving the police and Interpol.

NEWSru IsraelOther · Tel Aviv

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