Exclusive: U.N. sanctions experts warn - stay away from North Korea cryptocurrency conference

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United Nations sanctions experts are warning people not to attend a cryptocurren...

UNITED NATIONS - United Nations sanctions experts are warning people not to attend a cryptocurrency conference in North Korea in February, flagging it as a likely sanctions violation, according to a confidential report due to be submitted to the U.N. Security Council later this month.

North Korea has been under U.N. sanctions since 2006 over its nuclear and ballistic missile programs. The 15-member Security Council has unanimously strengthened those measures over the years, prompting Pyongyang to look for alternative ways to make money. The full report is due to be submitted to the U.N. Security Council North Korea sanctions committee later this month.‘NO EVIDENCE OF ENTRY’

The United States formally charged American digital currency expert Virgil Griffith last week after he attended the North Korean cryptocurrency conference last year. Prosecutors accuse him of providing services to North Korea without U.S. approval and evading U.S. laws. U.S. prosecutors said Griffith had been encouraging other U.S. citizens to attend next month’s conference in North Korea.

Source: Digital Coin News (digitalcoinnews.net)

 

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