Ethereum Foundation Researcher Charged with Aiding North Korea

2019-11-30 01:32

Ethereum Foundation researcher Virgil Griffith was charged for violating federal law after traveling to North Korea to deliver a presentation on using cryptocurrency and blockchain. Allegedly, his talk helped North Korea evade sanctions.

Griffith, 36, holds U.S. citizenship (but resides in Singapore) and claims to be a research scientist for the Ethereum Foundation since 2016. He received a PhD in 2014 from Caltech in computation and neural systems.

The Charges

According to the release, he is accused of providing technical direction in order to “help North Korea launder money and evade sanctions.” In April, Griffith traveled to North Korea and spoke at the Pyongyang Blockchain and Cryptocurrency Conference where, according to officials, he discussed how the North Korean regime could sidestep sanctions by using blockchain technology for illicit purposes — including money laundering. Assistant Attorney General John Demers said:

“Despite receiving warnings not to go, Griffith allegedly traveled to one of the United States’ foremost adversaries, North Korea, where he taught his audience how to use blockchain technology to evade sanctions. By this complaint, we begin the process of seeking justice for such conduct.”

Additionally, he encouraged other U.S. citizens to travel to North Korea to attend the same conference, as well as in 2020. Griffith also intended to renounce his U.S. citizenship and researched how to purchase citizenship from other countries, according to the release.

Griffith was arrested at the Los Angeles International Airport and has been charged with conspiring to violate the International Emergency Economic Powers Act, which carries a maximum 20-year sentence.

The release added  that “the charge in the Complaint is merely an accusation, and the defendant is presumed innocent unless and until proven guilty.”

According to his unverified personal website, he claims his “goals are to expose corruption, curb abuses of power, and with ‘gloves off’ ensure the digital age never becomes a digital dystopia.”

The post Ethereum Foundation Researcher Charged with Aiding North Korea appeared first on Crypto Briefing.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

North Korean Won (KPW) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 KPW

ethereum north korea foundation charged researcher aiding

Источник: cryptobriefing.com

ethereum north → Результатов: 61


В США арестовали представителя Ethereum Foundation. Его обвиняют в сотрудничестве с Северной Кореей

ФБР и прокуратура Южного округа Нью-Йорка арестовали научного сотрудника Ethereum Foundation Вирджила Гриффита. Его обвиняют в нарушении санкционных законов США и связях с КНДР. Manhattan U. S. Attorney announces arrest of United States citizen for assisting North Korea in evading sanctions https://t.

2019-11-30 10:40


Фото:

Ethereum Foundation Researcher Arrested by FBI for Allegedly Helping North Korea Evade U.S. Sanction

Virgil Griffith, a research scientist with the Ethereum Foundation and citizen of the United States, has been arrested under the International Emergency Economic Powers Act in line with the accusation that Griffith helped North Korea understand how they can use cryptocurrency to evade United States economic sanctions on their country.

2019-11-30 10:00


Фото:

North Korean dissidents raise $14K with 100th ‘post-liberation visa’ on Ethereum blockchain

North Korean crypto-revolutionary crew Civil Cheollioma Defense (CCD) has issued its 100th “post-liberation blockchain visa” via the Ethereum blockchain. The group says it has been selling its tokenized visas (G-Visas) since Monday morning, after it claimed it necessary to delay sale for roughly 12 hours due to high demand.

2019-3-27 14:32


BitMex Reportedly Losing a Large Numer of Users due to Regulatory Pressures from North America

BitMEX, the second largest Cryptocurrency Exchange by Reported Trading Volume and the most important exchange of Bitcoin Futures in the world, has had a tough start to the year after constant pressures from the regulatory bodies of the United States and Canada forced its team to close the accounts of a significant number of clients.

2019-1-17 02:47


Post-Christmas market recovery: Polymath (POLY) leading the way ahead of Tron (TRX) and ChainLink (LINK)

After reaching $146 billion on 24th, the whole market took a dive and trimmed $18 billion to drop to the weekly low of $127 billion on 25th before bouncing back up to the current $131 billion. The modest push to the north was led by Polymath, a platform that aims to be “Ethereum for security […] The post Post-Christmas market recovery: Polymath (POLY) leading the way ahead of Tron (TRX) and ChainLink (LINK) appeared first on CaptainAltcoin.

2018-12-26 07:52


North Dakota Sanctions Fraudulent Russian Cryptocurrency Company

The state of North Dakota recently ordered the shutdown of a fake cryptocurrency website which carried out unregistered and fake securities in the state. Cryptocurrency Website Imitating Union Bank AG According to an official press release by North Dakota, Securities Commissioner, Karen Tyler, issued a cease and desist order against a fake virtual currency company, […] The post North Dakota Sanctions Fraudulent Russian Cryptocurrency Company appeared first on Ethereum World News.

2018-11-21 10:49


дальше еще 12 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

US Resident Operated Illegal Bitcoin Exchange Business – Faces 25 Years in Jail

An Ontario man based in San Bernardino County of the U.S. has agreed to plead guilty to federal charges of illegally operating a bitcoin to cash exchange business. According to the U.S. Department of Justice (DOJ), the man, Hugo Sergio Mejia, 49, operated the unregistered exchange business between May 2018 and September 2020. Accordingly, Mejia […]