Israeli Extradited to US for $190M Crypto Hack
Summarized from Ynetnews by baba
Alexander Gurevich Block, accused of stealing $2.8 million in a $190 million cryptocurrency hack, has been extradited from Israel to the United States. Block allegedly exploited a vulnerability in the Nomad platform in August 2022. He faces up to 20 years in prison in the U.S. on charges of computer fraud and money laundering. Israeli courts rejected his appeals against extradition, establishing legal precedents for such cases.
The story in 5 lines · by baba
- Alexander Gurevich Block was extradited from Israel to the U.S. for a $190 million crypto hack.
- He is accused of stealing $2.8 million by exploiting a vulnerability in the Nomad platform.
- The Nomad hack in August 2022 was one of the largest in cryptocurrency history.
- Block faces up to 20 years in prison in the U.S. on fraud and money laundering charges.
- Israeli courts rejected his extradition appeals, setting legal precedents.
Ynetnews publishes in English. The key points are summarized above. Read Ynetnews’s full report from the link at the top of the page.
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