Nomad Bridge Hacker Faces US Extradition After $2.89 Million Crypto Theft

US authorities claim that Gurevich was involved in laundering large amounts of money and moving stolen funds linked to the 2022 Nomad Bridge breach.

According to The Jerusalem Post, after returning to Israel on April 19, Gurevich was ordered to appear in the Jerusalem District Court for an extradition hearing.

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On April 29, he legally changed his name to "Alexander Block". However, Israeli officials arrested him at Ben-Gurion Airport on May 1 as he was about to board a flight to Russia.

The US accuses Gurevich of finding and exploiting a weakness in the Nomad bridge system. He reportedly stole around $2.89 million in crypto during August 2022.

He allegedly contacted Nomad’s chief technology officer, James Prestwich, using a fake identity. In his message, he admitted to looking for a crypto project he could exploit and said he acted without much planning.

Gurevich also apologized for the harm caused and returned roughly $162,000 to a recovery wallet Nomad had set up. Prestwich offered him 10% of the stolen funds as a reward for cooperating. He asked for $500,000 instead, but then stopped communicating with the company.

If convicted in the US, Gurevich could face up to 20 years in prison for the money laundering charges.

On April 28, the US Department of Justice (DOJ) filed a 97-page document in a New York court seeking the sentencing of Alex Mashinsky, former CEO of Celsius. What did the filing say? Read the full story.