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Crypto Regulation

Israel Extradites Nomad Hack Suspect to Face US Indictment

Israel has extradited Alexander Block, a suspect in the August 2022 Nomad bridge hack, after the country’s Supreme Court rejected his defense that a code bug justified the exploit. Block now faces an eight-count federal indictment in California over the incident. The Supreme Court ruling cleared the way for his transfer to US custody.

Original source

AI take

The significance here is procedural as much as legal: an Israeli Supreme Court rejection of the 'code is law' defense signals that exploiters can no longer count on jurisdictional refuge when a bug is framed as permission. That matters for cross-border enforcement of bridge and DeFi exploits, where suspects have often sat beyond US reach. The open question is whether this extradition sets a template other jurisdictions follow in similar cases, and how courts treat code-bug defenses going forward.

Generated by AI for reference only.

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