Crypto Guru Blames North Korea for Advising on Blockchain Technology

Texas News Today

As his criminal trial begins, the cryptocurrency expert travels to North Korea to give a presentation about money laundering in violation of US law and using blockchain technology to evade sanctions. I confessed to having conspired to do so.

Virgil Griffith filed a petition in federal court in Manhattan on Monday before jury selection began in his trial. A former principal investigator of the Ethereum Foundation was arrested in November 2019 after attending a conference in Pyongyang earlier that year. A federal grand jury convened by a US attorney’s office in southern New York conspired to violate the International Emergency Economic Powers Act, which prohibits US citizens from exporting goods, services or technology to North Korea. As a result, Mr. Griffith was indicted.

Crypto Guru Blames North Korea for Advising on Blockchain Technology

Source Link Crypto Guru Blames North Korea for Advising on Blockchain Technology

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