Nomad Bridge Hack: Israel Extradites the Man Accused of Finding the $186M Flaw
Israel has sent Alexander Block to the US. Prosecutors say he found the Nomad bridge flaw, took $2.89M and opened the door to a $186M free-for-all.

Key numbers
$2.89M
Alleged take
$186M
Bridge drained
8 counts
Charges
Not yet announced
US court date
Early on Thursday 29 October 2026, Israel handed Alexander Block to the United States. Eighteen months earlier he had been stopped at Ben Gurion Airport near Tel Aviv, holding a passport issued the day before in a surname he had taken the day before that, and waiting for a flight to Russia. Israel's State Attorney's Office announced the transfer after he lost his last appeal at the Supreme Court in Jerusalem.
Block, an Israeli and Russian citizen formerly known as Alexander Gurevich, is wanted in California over the 2022 hack of Nomad, a crypto "bridge". US prosecutors say that, under the online name "Bitlik", he found a flaw in Nomad's code and withdrew about $2.89 million on 1 August 2022. They also say his withdrawals showed others how to do the same, and that others, hundreds of them, then drained about $186 million of other people's money in a few hours. He is charged, not convicted, and is presumed innocent unless proven guilty.
A bridge with a broken lock
Crypto is spread across separate networks, called blockchains, that cannot talk to each other. A coin on one cannot simply be sent to another. A bridge works like a depositary bank issuing American depositary receipts: the original asset is locked up on one network, and a receipt for it, a token (digital voucher), is issued on the other, where it can be traded. Everything rests on one check: has the deposit on the other side really been made?
Nomad ran a bridge between Ethereum, the second-largest crypto network, and several smaller ones such as Moonbeam. The company behind it, Illusory Systems, raised about $22.4 million in 2022 at a $225 million valuation in a round led by the crypto fund Polychain Capital. On 28 July 2022 it named more backers, including Coinbase Ventures, the investment arm of the Coinbase exchange, OpenSea, a marketplace for digital collectibles, Crypto.com Capital and Polygon. It marketed itself as "security-first".
In June 2022, after an outside security audit, Nomad updated the code that ran the bridge. The bridge is a smart contract: code that moves money by itself, with no clerk to stop it. The update set a key value to zero, and because of that every withdrawal request counted as already checked. It was like a cloakroom where the attendant accepts any ticket, even a blank one, and hands over whatever coat is named on it.
The copy-paste robbery
On 1 August 2022, the bridge began to empty. Every transaction on Ethereum is public, so once one withdrawal worked, anyone could look it up, copy it, swap in their own wallet address and send it again. No programming skill was needed. Samczsun, a security researcher at the investment firm Paradigm, called it "one of the most chaotic hacks that Web3 has ever seen".
Strangers piled in. The crypto exchange Coinbase later found that about 88% of the addresses that took part were copycats, and that they took about $88 million between them. The news site The Block put the number of people involved at about 300. A few early wallets took tens of millions each. By the time Nomad's team could react, the bridge held almost nothing. The loss was reported at about $190 million at the time; the US Federal Trade Commission (FTC) later put it at $186 million.
Some of the copycats were what the industry calls white hats: people who grab money from a leaking project to keep it safe and hand it back. Nomad offered everyone a deal: return 90% and keep 10% as a reward, with no legal action. More than $22 million came back within days. The FTC later said white hats had secured at least $37 million.
What prosecutors say "Bitlik" did
The US case was set out in an extradition request sent to Israel on 10 December 2024 and described in the Israeli court rulings. Prosecutors say Block spotted the flaw in late July 2022, made six test transfers, and then, around 1 August, made four main transfers. The bridge issued him tokens worth more than $2.8 million without any matching deposit. Reports of the request put the figure at about $2.89 million. He then allegedly swapped the tokens for other cryptocurrencies and moved them through several wallets to hide where they came from.
His transfers, prosecutors say, exposed the flaw to everyone else. They do not accuse him of taking the $186 million himself. Their case is that he opened the door.
A few days later, according to the request, he sent back some tokens, about $162,000 worth according to reports, to a recovery wallet Nomad had set up. Then, using a false identity, he messaged Nomad's chief technology officer, James Prestwich, on the messaging app Telegram. He apologised for the trouble and offered to return the rest in exchange for a reward for finding the flaw. He asked for $500,000. Nomad offered 10%, the same reward it had offered everyone. He said he would consult a lawyer, then stopped answering. Nomad went to US law enforcement.
A federal grand jury in the Northern District of California, which covers San Francisco, indicted him on 16 August 2023 on eight counts: four of computer fraud, one of transporting stolen property and three of money laundering. Each money laundering count carries up to 20 years in prison.
A new surname and a flight to Russia
Israeli reports say Block came back to Israel on 19 April 2025 and was summoned to the Jerusalem District Court for an extradition hearing. On 29 April he changed his surname from Gurevich to Block at Israel's Population Registry. On 30 April he was issued a passport in his new name at the airport. On 1 May he was arrested at Ben Gurion while waiting to board a flight to Russia. Prosecutors asked the court to declare him extraditable the next day.
On 14 July 2025, the Jerusalem District Court, Judge Ohad Gordon presiding, ruled that he could be extradited. Block appealed. His lawyers argued that he had only used functions that Nomad's own automated system offered, so there was no break-in, and that crypto transfers are public, so nothing had been hidden and there was no laundering.
A panel of three Supreme Court justices, Ofer Grosskopf, Khaled Kabub and Yechiel Kasher, heard the appeal on 22 January 2026 and rejected it on 8 March. The court ruled that exploiting a programming error or a security flaw can be unlawful entry into a computer even if the software technically allows the action. It also ruled that a public blockchain does not rule out laundering, because the record shows wallets, not the people behind them. Supreme Court President Isaac Amit later refused his request for a further hearing. Attorney Avi Kronenberg of the State Attorney's international department handled the case, and the handover was coordinated with the Israel Police's Interpol unit.
The code allowed it
Block's defence is a familiar one in crypto: if the code let me do it, it was not theft. Andean Medjedovic, a Canadian charged in New York over about $65 million taken from Indexed Finance and KyberSwap, has said through lobbyists that he merely traded. Jonathan Spalletta, who drained Uranium Finance through a flaw in its reward code, was convicted by a Manhattan jury in October 2026. Israel's Supreme Court has now given its own answer, at least for extradition: a flaw is not permission.
The case in California will test the same argument on the facts. As of 31 October 2026, the US Justice Department had not announced a court date, and no plea had been reported.
The aftermath
As of 31 October 2026, Alexander Block is in US custody facing eight counts in the Northern District of California. No court date or plea had been announced. He is presumed innocent unless proven guilty.
In December 2022 Nomad announced it would reopen its bridge and pay back what had been recovered. Users had to pass identity checks through the crypto platform CoinList and link their wallets; each then received an NFT, a digital receipt that cannot be sold or passed on, recording their share of the recovered money and of any future recoveries. Nomad never recovered most of the money.
On 16 December 2025 the FTC announced a proposed settlement with Illusory Systems, the Utah-based company that does business as Nomad. The FTC said the June 2022 code was poorly tested, that an engineer had warned the chief executive about weak testing months earlier, that the company had no way to switch the bridge off quickly, and that it learned of the attack from a user on social media. The FTC put consumers' losses at about $100 million after recoveries. The proposed order requires Nomad to return the at least $37 million that white hats secured, plus any money law enforcement recovers, to run a proper security program and to have it checked by an outside assessor every two years. The commissioners voted 2-0 to put it out for public comment until 20 January 2026. Illusory Systems neither admitted nor denied the allegations. CMZ could not confirm whether the order has since been made final.
What this teaches
- One wrong setting in a routine update can empty a bridge: Nomad's June 2022 change made every withdrawal look approved.
- Public blockchains make copying easy. Once one withdrawal worked, hundreds of strangers repeated it within hours.
- Asking for a reward after taking the money is not a bug bounty. Prosecutors treat it as part of the case.
- Israel's Supreme Court has ruled that exploiting a programming flaw can be unlawful entry into a computer, even when the software technically allows it.
- A public ledger shows wallets, not owners, so moving coins between wallets can still count as laundering.