A Russian-Israeli citizen accused of taking part within the $190 million Nomad Bridge hack is dealing with extradition to america following his arrest at an Israeli airport.
Alexander Gurevich, who’s suspected of exploiting a significant vulnerability within the Nomad crypto bridge in 2022, was detained on Might 1 at Ben-Gurion Airport in Tel Aviv whereas trying to board a flight to Russia.
The arrest comes after U.S. authorities filed an eight-count indictment towards him in August 2023 and submitted a proper extradition request in December.
Gurevich Summoned to Israeli Court docket After Return
In line with a report from The Jerusalem Put up, Gurevich had returned to Israel from overseas on April 19. Quickly after, he was summoned to look earlier than the Jerusalem District Court docket for an extradition listening to.
In a curious transfer, Gurevich legally modified his title to “Alexander Block” on April 29 and was issued a brand new passport beneath that identification the next day.
Authorities allege that Gurevich stole roughly $2.89 million in digital tokens throughout the August 2022 Nomad Bridge hack.
The breach shortly spiraled right into a wider incident as different attackers copied the exploit, pushing complete losses to $190 million.
Prosecutors say Gurevich reached out to Nomad’s CTO, James Prestwich, on Telegram shortly after the hack utilizing a faux identification.
He reportedly admitted to concentrating on susceptible crypto protocols and apologized for the disruption.
Alexander Gurevich ("Block") was arrested Thursday at Ben Gurion Airport in Israel. He’s needed in america for pc offenses, switch of stolen cash and laundering cash value tens of millions of {dollars} in a sting that in 2022 virtually led to the collapse of 1… pic.twitter.com/d8RepO3tT5
— יואב איתיאל מדווח כי (@yoavetiel) Might 3, 2025
Gurevich transferred roughly $162,000 value of belongings again to a restoration pockets arrange by Nomad, although communications broke down after he requested a $500,000 reward for locating the flaw.
The U.S. indictment, filed in California the place the Nomad staff is predicated, fees Gurevich with a number of computer-related crimes, together with cash laundering and transferring stolen digital property.
If convicted within the U.S., he might withstand 20 years in jail—considerably greater than the penalties he would face beneath Israeli legislation.
Investigators imagine Gurevich was bodily in Israel on the time of the assault, including one other layer of complexity to the case.
As extradition proceedings transfer ahead, U.S. prosecutors will search to carry him accountable for one of the high-profile crypto heists of 2022.
Crypto Hacks Surge in 2025 as Losses Prime $1.74 Billion in 4 Months
Hackers stole over $92.4 million from crypto tasks in April 2025 alone, based on blockchain safety agency Immunefi.
The determine represents a 27.3% year-over-year enhance and greater than double the losses reported in March.
April’s assaults occurred throughout 15 incidents, with two main exploits accounting for the majority of the injury.
UPCX, an open-source platform, misplaced $70 million in a single assault, whereas decentralized alternate KiloEx was hit for $7.5 million.
Different affected tasks included Loopscale, ZKsync, Time period Labs, and Bitcoin Mission, every experiencing losses exceeding $1 million.
Cumulatively, the primary 4 months of 2025 have already seen $1.74 billion in crypto losses—greater than all of 2024, which totaled $1.49 billion.
Immunefi beforehand famous that Q1 2025 was the worst quarter for hacks in crypto historical past, pushed largely by large breaches of centralized exchanges Phemex and Bybit.
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