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
AI brief
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