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.