Israeli authorities arrested Alexander Gurevich, a nomad hack suspect that resulted in the robbery of $ 190 million in crypto properties from the cross-chain protocol, leading to its collapse.
According to ReportAlexander Gurevich was arrested at Ben Gurion Airport at Tel Aviv. He holds Dual Russian and Israeli Citizenship. However, he tries to travel to Russia using a visa under a different name at the time of his arrest.
Attacking behind $ 186m Nomad Bridge Hack was identified as Alexander Gurevich, aka "I -Block".
He adapts the profile of a crypto-native actor threat: skilled in intelligent contract exploitation but ultimately not ended by bad opsec.
– Peter Kacherginsky (@_iphelix) May 4, 2025
The Israeli government is now making plans for Gurevich to return to the US. In the US, he wants for money laundering and computer crime. US prosecutors Gurevich said the first person to take advantage of Nomad's wise contracts. Assets stolen are mostly USDC Stablecoin and wrapped versions of Bitcoin and Ethereum.
Charges against Gurevich in the US compared to Israel
Charges against him in the US were worse than the charges against him in Israel. He can get up to 10 years in jail and a $ 250,000 fine for each of five. For all four of the crimes on this computer in Israel, the worst penalty was only three years in prison.
In the US, the highest sentence for money laundering is 20 years, twice as much as the maximum sentence in Israel.
If Gurevich was extradited to the US and found guilty, he would not be able to serve his term in Israel because he did not live there at the time of crimes.
The case is handled by Avi Kronenberg, a lawyer in the international state lawyer's international office department. Operational Coordination Department of the National Fraud Unit of Israel Police and the Tel Aviv Fraud Division in charge of arrests.
Gurevich-block was told to stay in Judge Einat Avman-Moller's jail, and a hearing was set for Sunday.
Crypto ethical hackers are not very ethical
The accusation came from Gurevich that tells the nomad team about it on a string of telegram texts. He reported even requesting a $ 500,000 reward for finding a weakness in Nomad's wise contracts to let an attack on using fake transactions to get money in the protocol.
Crypto hackers often ask the protocol they broke for a portion of their stolen goods as a reward. Most of the time, the deal includes giving back to the remaining stolen money in exchange for not going to attack the police.
Aside from some popular cases, most hackers do not pay attention to these types of deals. In May last year, a hacker stole $ 72 million from a Bitcoin whale and Sumang said to return everything but 10% of the money.
In August 2022, US officials said Gurevich stole $ 2.89 million in crypto from Nomad. However, they lost $ 190 million. This means that many people are involved. Apparently, a group of people tried to use the same attack once it was found. It has become a hacker violation of a defi free-for-all.
Coinbase reported an attack that showed 88 unique wallet addresses that were later identified as copycats. These wallet addresses lasted $ 88 million from the bridge. Participants who took part in the free-for-all hack did things different than Gurevich, but they all used the same loophole to get money from the nomad.
Ultimately, some of the people who took part were Whitehats, or “ethical hackers,” working to stop bad players or “blackhats.” Fortunately, the funds taken by these “white hats” were not restored to attack.
Your crypto news deserves attention – Key wire difference You are placed in 250+ Top Sites
