developer Virgil Griffith has been found guilty of conspiracy to violate the International Emergency Economic Powers Act, which bans American citizens from exporting goods, services, or technology to North Korea without a license. The sentence was delivered on Tuesday, April 12, by U.S. District Judge Kevin Castel of the Southern District of New York and will see Griffith serve a total of 63 months in prison, in addition to a $100,000 fine.
The case addressed his trip to North Korea in 2019 when Griffith traveled to a "Blockchain and Cryptocurrency Conference" in the country's capital despite failing to attain permission from U.S. authorities. Dressed in a North Korean suit, he gave presentations at the conference about the use of cryptocurrencies and how the country could employ them to dodge sanctions and launder money.
"The fact of the matter is Virgil Griffith…hoped to come home to Singapore or elsewhere as a crypto hero. To be admired and praised for standing up to government sanctions, for his fearlessness and nobility.This guy is willing to play both sides of the street as long as he is the center of attention."
This article contains links to third-party websites or other content for information purposes only . The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site.
TheCoinPope1 why not update the Saitama rating?
TheCoinPope1 It's such a sad story, but he also gets stronger!hoo
TheCoinPope1 Very cool project, I believe in pandagirltoken waiting for April 29th, don't miss this event!!!pandagirl nft nftart giveaway BTC ADA ETH
TheCoinPope1 babydogcoin
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The FBI’s takedown of Virgil Griffith for breaking sanctions, firsthand – Cointelegraph MagazineUnsanctioned: A firsthand account of how Ethereum developer Virgil Griffith blithely advised the North Koreans how to use smart contracts for missile activation. He was sentenced today after pleading guilty. (Via CointelegraphZN ) 🌙 What do you think about Bitcoin state at the moment, because its Fear and Greed index is 51 - NEUTRAL with price of 39726.250279811731 usd? Our analytical team has done detailed BTC research, but we want to hear your opinion too.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Lil Durk, Gunna Pay Tribute to Virgil Abloh in 'What Happened To Virgil' VideoLil Durk and Gunna have celebrated the work of late designer Virgil Abloh in a new music video for their joint track, “What Happened To Virgil.” This looks like an old KLM plane
Source: RollingStone - 🏆 483. / 51 Read more »
Ethereum Developer Virgil Griffith Sentenced to 5+ Years in US Prison for Violating North Korean Sanctions – Regulation Bitcoin NewsAn Ethereum developer, Virgil Griffith, has been sentenced to five years and three months in U.S. prison after he pleaded guilty to a charge brought on by speaking at a crypto conference in North Korea. Yes the sign of true Freedom, being jailed for going somewhere and speaking. And you trust their fake money BTC Play stupid games, win stupid prizes. I don’t understand how they can legally prosecute him. Bitcoin isn’t the property of the United States?
Source: BTCTN - 🏆 531. / 51 Read more »
At the 2022 Fashion Scholarship Fund Gala, Remembering Virgil AblohMany — including his wife and longtime partner Shannon Abloh — spoke about the late designer's legacy and his impact on the next generation of great fashion minds.
Source: Fashionista_com - 🏆 474. / 51 Read more »
BREAKING: Former Ethereum Developer Sentenced to Over Five Years for Helping North Korea Evade SanctionsVirgil Griffith, who assisted North Korea in evading U.S. sanctions, has been sentenced to over five years behind bars Why?! “They’re all going to jail”
Source: Utoday_en - 🏆 295. / 63 Read more »
Ethereum Developer Virgil Griffith Sentenced to 5+ Years in US Prison for Violating North Korean Sanctions – Regulation Bitcoin NewsAn Ethereum developer, Virgil Griffith, has been sentenced to five years and three months in U.S. prison after he pleaded guilty to a charge brought on by speaking at a crypto conference in North Korea. Yes the sign of true Freedom, being jailed for going somewhere and speaking. And you trust their fake money BTC Play stupid games, win stupid prizes. I don’t understand how they can legally prosecute him. Bitcoin isn’t the property of the United States?
Source: BTCTN - 🏆 531. / 51 Read more »