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Ethereum Dev Virgil Griffith Pleads Not Guilty to Violating North Korea Sanctions

Claudia Rivera

Summary: Virgil Griffith, Ethereum developer, pleaded not guilty to the charge of conspiracy to violate the International Emergency Economic Powers Act; allegations rose against Griffith of teaching his audience to use cryptocurrency to evade sanctions, reports CoinDesk.  If convicted, Griffith could face 20 years in jail, U.S. Attorney Michael Krauss states that the government has produced ...

Virgil Griffith, Ethereum developer, pleaded not guilty to the charge of conspiracy to violate the International Emergency Economic Powers Act; allegations rose against Griffith of teaching his audience to use cryptocurrency to evade sanctions, reports CoinDesk. 

If convicted, Griffith could face 20 years in jail, U.S. Attorney Michael Krauss states that the government has produced initial documents for discovery and intends to make a second production within two weeks.

By Claudia Rivera

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