Express

Ethereum Developer Indicted Over North Korea Event Appearance

Ramsey Baker

Summary: Ethereum developer Virgil Griffith has been indicted over allegations stemming from his conference appearance in North Korea back in April. The grand jury charged Griffith with one count of conspiracy to violate the International Emergency Economic Powers Act. By not obtaining approval from the U.S. Treasury's Office of Foreign Asset Control before providing the Democratic ...

Ethereum developer Virgil Griffith has been indicted over allegations stemming from his conference appearance in North Korea back in April.

The grand jury charged Griffith with one count of conspiracy to violate the International Emergency Economic Powers Act. By not obtaining approval from the U.S. Treasury's Office of Foreign Asset Control before providing the Democratic People's Republic of Korea with his services, Griffith breached the prohibitions of the act. The document also states that at least one of Griffith’s alleged cohorts will be brought to New York and arrested.

By Ramsey Baker

Last Update:

Tags: ,,
Link: Ethereum Developer Indicted Over North Korea Event Appearance   [Copy]
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 2 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 7 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 8 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 11 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 13 days ago
  • You need to login to comment.