Tag Archives: Virgil Griffith

Crypto expert Virgil Griffith was sentenced to five years in prison after pleading guilty last year to conspiracy. Virgil Griffith Will Serve Time Behind Bars Griffith had been charged with helping North Korea use cryptocurrencies to avoid sanctions. He will serve his prison term in a federal corrections facility. At 39 years of age, Griffith traveled to North Korea’s capital of Pyongyang in 2019 to take part in a crypto-based conference even after the U.S. government...

Not long ago, a crypto expert by the name of Virgil Griffith caused a stir when he attended a blockchain conference in North Korea – a country sanctioned by the United States – and offered a seminar on how blockchain could potentially be used to hide transactions and avoid financial prying from the West. Virgil Griffith Will Be Sentenced Soon The conference took place in 2019. Now, Griffith is facing the tune of his actions and has pled guilty to helping North Korea...

Two Chinese nationals have been charged in the United States for allegedly harboring more than $100 million in stolen crypto funds for the North Korea-based hacking group Lazarus.Lazarus Is At the Front and CenterNorth Korea has a long, complicated, and downright ugly history with digital assets. The country, known for its dictatorial regime which has involved cyber warfare against its own people and those of other nations, has been on a roll of stealing digital assets from its neighbor to...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 803. Heute sprechen wir über folgende Themen: Was steckt hinter Ethereum Classic Kursrallye, kommt jetzt der nächste Bitcoin Dump, Virgil Griffith Gerichtsverhandlung Nordkorea Sanktionen. 1.) Ethereum Classic steigt in kürzester Zeit 280% an – Was steckt hinter dieser Kursrallye?https://cryptomonday.de/ethereum-classic-steigt-in-kuerzester-zeit-280-an-was-steckt-hinter-dieser-kursrallye/ 2.) Dieser Faktor deutet...

Virgil Griffith – the Ethereum research scientist who gave a seminar in North Korea despite lacking permission from the United States government – has been formally indicted and is awaiting trial.Griffith Is Set to Face ChargesGriffith has been charged with assisting a nuclear state and an enemy of the U.S. in learning about how to utilize blockchain and cryptocurrency against American authorities. He is also facing charges for violating the International Emergency Economic Powers...

Judge Vernon Broderick of New York has released Virgil Griffith, the Ethereum developer, on bail. The decision issued by the U.S. District Court. When the hearings took place, the judge said that the law in America is not something that can be identified as a suggestion. Matthew Russell Lee, Inner City Press CEO, was in the room during the new hearings and sent some information to Twitter.OK- here for Virgil Griffith's appeal of his Dec 26 bail denial for alleged crypto violation of...

Virgil Griffith, the 36-year-old Singapore resident (and U.S. citizen) who was recently arrested for giving a seminar about blockchain and cryptocurrency in North Korea, allegedly said once that it would be really “cool” if the country learned how to mine ether tokens, according to an unnamed source who boasts “deep knowledge” of the matter.Did Griffith Want to Help North Korea Mine ETH?Griffith was arrested over the Thanksgiving holiday at Los Angeles International Airport (LAX) after he had...

Recently, Live Bitcoin News published a story regarding Virgil Griffith, a man who last April, traveled to North Korea despite U.S. regulatory scrutiny to deliver a blockchain seminar.Griffith Has a Few DefendersDuring the lecture, it is believed that Griffith may have provided cryptocurrency knowledge to listeners regarding how they could potentially utilize both cryptocurrency and blockchain technology to override U.S. sanctions. This didn’t sit well with the American government, and...

Ethereum developer and a research scientist Virgil Griffith, who was last week arrested in Los Angeles, will be released from jail until trial. It was told by Brian Klein who acts as his defense lawyer.Just for reminder, Ethereum Foundation staffer Griffith has been arrested for reportedly going to a blockchain conference in North Korea where he wanted to share his knowledge of using cryptocurrency. However, such a move is said to violate the U.S. sanctions law.John Demers, an assistant...

Recently, popular Ethereum developer Virgil Griffith was arrested by the FBI for his educational efforts aimed at teaching blockchain technology in North Korea. According to our previous report, Griffith traveled there in spite of the U.S. sanctions prohibiting citizens from visiting the country, a specific note asking him to abandon his plans, and still performed activities authorities consider as jeopardizing. Ethereum co-founder Vitalik Buterin has now responded to the events, announcing...