Israel Extradites Suspect to US Over $2.8M Crypto Hack

An Israeli-Russian citizen accused of stealing $2.8 million in digital assets, has been extradited to the U.S. after Israel’s Supreme Court rejected his final appeals. Alexander Block, an Israeli-Russian citizen accused of exploiting a vulnerability in the Nomad blockchain bridge to steal $2.8 million in digital assets, has been extradited to the United States following a failed legal challenge in Israel. U.S. prosecutors accuse Block of exploiting a flaw in Nomad’s automated system to withdraw tokens without depositing the corresponding backing assets. He allegedly converted the stolen tokens into other cryptocurrencies and transferred them between digital wallets to conceal their origin. According to the Israeli Supreme Court’s ruling, U.S.

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