FBI arrests Virgil Griffith for helping Pyongyang figure out how to use cryptocurrencies to evade sanctions, but representatives of the crypto community, including Vitalik Buterin, collect signatures for his release
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Likebes for the enemy
US authorities arrested Virgil Griffith,A 36-year-old cryptocurrency specialist for allegedly helping North Korea use blockchain technology to circumvent US sanctions, the U.S. Department of Justice official said.
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US Attorney SDNY ✔ @ SDNYnewsManhattan U.S. Attorney announces arrest of United States citizen for assisting North Korea in evading sanctions https://go.usa.gov/xpQHu
Manhattan U.S. Attorney Announces Arrest Of United States Citizen Forjustice.gov
The Federal Bureau of Investigation claims thatGriffith illegally traveled to North Korea with a presentation on how to use cryptocurrencies. In addition, he participated in the development of a cryptocurrency payment plan between Seven and South Korea.
“Virgil Griffith provided North Koreaknowing that it’s technical information that can be used to launder money and evade sanctions imposed by Congress and the president in order to exert maximum pressure on North Korea’s dangerous regime, ”said Jeffrey Berman, Attorney in the Southern District of New York.
He knew everything
The prosecution says Griffith went toNorth Korea in April to speak at a cryptocurrency conference. According to the FBI, he entered the country through China, despite the fact that the US State Department had previously denied him entry to North Korea.
There he made a presentation calledBlockchain and the world, telling how North Korea can use blockchain technology to its advantage. Moreover, prosecutors claim that he agreed on the text of the presentation with the North Korean authorities, which prompted him to talk more about how to use cryptocurrencies to evade sanctions and money laundering.
Griffith has not yet had the opportunity to answer the charges against him.
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