Alexander Grevich, a double citizen of Russia and Israel, was arrested at Israel’s Ben Gurion airport on May 1, and attempted to flee to Russia under his new name.
The 47-year-old is accused of participating in the 2022 hack of the US-based Nomad, Crypto Bridge, according to a report from the Jerusalem Post Office.
According to a US extradition request, Grevich exploited a vulnerability in Nomad’s code, pulling out a token of about $2.89 million.
He later contacted the nomad’s CTO under his false identity, apologized, returned some of the funds and demanded a “reward” of $500,000 to find the bug.
Authorities say he stopped communicating after Nomad provided him with 10% of the stolen assets.
Gurevich changed his name to “Alexander Block” on April 29th and obtained a new passport the next day. Israeli police arrested him at the airport before he got on the plane. He appeared in court in handcuffs on May 2nd.
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20 years in prison
US prosecutors filed 8 count indictments against Gurevich in 2023, including computer fraud and money laundering fees.
If convicted in the US, he faces up to 20 years in prison.
Grevich moved to Israel in 2017, but reportedly spent much of his time abroad, including Africa. His extradition is being pursued by the Israeli State Attorney’s Office at a hearing scheduled for Sunday.
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