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U.S. Department of Justice

Israeli National Extradited to Face Charges for Stealing Nearly $3M in Virtual Currency Heist

enforcementUnited States3 d ago
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Decoded

CRYPTD interpretation — regulatory information, not legal advice

The DOJ says Alexander Gurevich was extradited and appeared in federal court on charges alleging he exploited the Nomad Bridge smart contract to steal $2.89 million in virtual currency.

What changes

The accused has been extradited and made an initial appearance on a 2023 indictment.

Who it affects

The case directly affects the accused and highlights enforcement risk for users who exploit crypto bridges or smart contracts.

Source extract

U.S. Department of Justice

Alexander Gurevich, 49, an Israeli national, had his initial appearance today in the Northern District of California on a 2023 indictment that charged him for exploiting the Nomad Bridge’s self-executing computer program, also known as a smart contract, to steal $2.89 million in virtual currency.

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