American-Israeli Citizen Arrested in Israel for Involvement in $190M Nomad Bridge Hack

An American-Israeli citizen named Alexander Gurevich has been arrested in Israel for his alleged involvement in the exploitation of the Nomad bridge smart contract in August 2022, which allowed hackers to steal 190 million dollars. The attack targeted a vulnerability in the smart contract, enabling attackers to fraudulently siphon funds. The financial impacts of this attack are significant, with a total loss of 190 million dollars.