Israel Extradites Nomad Suspect After Supreme Court Rejected His Code-Bug Defense
By Unchained
AI summary of the source article
Israel has extradited Alexander Block to the United States to face charges over the August 2022 Nomad crypto bridge exploit. The U.S. accuses Block of stealing more than $2.8 million in tokens.
Why it matters
The ruling established that "a bug that lets anyone withdraw funds does not, in the court’s reading of Israeli law, make taking them legal."
Key facts
- Alexander Block was extradited from Israel to face an eight-count U.S. indictment charging computer fraud, money laundering, and transporting stolen property.
- The U.S. alleges Block exploited a smart-contract flaw in the Nomad crypto bridge in August 2022 to take over $2.8 million in tokens.
- Israel's Supreme Court rejected his code-bug defense, ruling that exploiting a flaw in a smart contract is legally no different from exploiting one in any other program.
Source excerpt · Unchained
Alexander Block, who lost his fight against extradition at Israel's Supreme Court, now faces an eight-count federal indictment in California over the August 2022 Nomad hack. The post Israel Extradites Nomad Suspect After Supreme Court Rejected His Code-Bug Defense appeared first on Unchained .