Israeli-Russian National Arrested Over U.S. Crypto Hack Allegations

The 47-year-old resident of Bat Yam is now facing extradition to the United States, where he is accused of involvement in a major cryptocurrency hack.

Gurevich’s arrest marks the first public identification of the primary suspect behind a 2022 breach that nearly crippled a California-based blockchain firm.

U.S. Charges: Hacking, Laundering, and Extortion

According to a formal extradition request from U.S. authorities, Gurevich allegedly:

Stole digital tokens from a cryptocurrency wallet, Laundered millions of dollars through complex financial networks, Transferred stolen property, and Demanded a $500,000 ransom in exchange for returning the stolen assets.

The U.S. says these actions posed a severe threat to the targeted company’s operations and to broader investor confidence.

Next Steps

Gurevich remains in Israeli custody as legal proceedings begin. If extradited, he could face multiple federal charges related to computer crime, wire fraud, and money laundering.

Authorities in both countries are now working together to process the case and uncover more details about the scope of the alleged attack.

The post Israeli-Russian National Arrested Over U.S. Crypto Hack Allegations appeared first on Coindoo.