Express

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

Last Update:

Tags: ,,,
Link: Ethereum Dev Virgil Griffith Pleads Not Guilty to Violating North Korea Sanctions   [Copy]
Next:

Related Articles

  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 9 hours ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 11 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 12 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 14 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 14 days ago

    • You need to login to comment.