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Cryptopolitan· Hannah Collymore·· 3 hours agoAI score48

Israel extradites Nomad cross-chain bridge attack suspect Alexander Block after rejecting the “code is law” defense

Israel extradites Nomad exploit suspect after rejecting 'code is law' defense

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AI-assisted source summary · not independently verified. Content standards

Israel has handed Alexander Block over to US prosecutors to face criminal charges for allegedly exploiting a vulnerability in the Nomad cross-chain bridge to transfer $2.8 million. Israel’s Supreme Court ruled that operations permitted by a smart contract do not constitute a defense against withdrawing funds by exploiting a vulnerability, and that public blockchain transactions do not preclude money laundering. The vulnerability subsequently triggered a rush by users to withdraw funds, leaving more than $186 million in the Nomad wallet nearly depleted.

Source:Cryptopolitan · cryptopolitan.com