Ethereum developer Virgil Griffith released on bail $ 1 million

Ethereum developer Virgil Griffith released on $1 million bail secured by his real estaterelatives with the right to use.

Griffith is released on condition that he willBe in Alabama with your parents. The hearing took place in the District Court of the Southern District of New York, the decision was made by Judge Vernon S. Broderick (Vernon S. Broderick).

Griffith is allowed entry under the terms of releaseonly to Canada, Mexico and certain countries of the Caribbean, including Saint Kitts and Nevis. To stay in touch with his lawyers, Griffith will be able to use email.

The court took into account the arguments of the defense that at that timeGriffith suspended work in Ethereum, so the organization has nothing to do with this matter. Facts were also mentioned that Griffith was suspended from working on the anonymous TOR browser. The lawyer emphasized that even if Griffith was considering the possibility of renouncing American citizenship, he did not.

However, the prosecutor's office was not satisfied with such a decision, believing that Griffith was highly likely to make an escape in order to hide from justice.

Recall that a month ago Virgil Griffith wasarrested on charges of holding a presentation in the DPRK on how to avoid US sanctions through blockchain and cryptocurrencies. The US prosecutor considered this a violation of the Act on Emergency Economic Measures (IEEPA), which provides for up to 20 years in prison.

New York Southern District Attorney Jeffrey Berman(Geoffrey Berman) claims that Virgil Griffith provided North Korea with information on the latest technologies so that the country could evade sanctions and launder money. Berman expressed concern that Griffith would have jeopardized the actions of Congress and the US president with respect to North Korea.

It is worth noting that a few days ago, the Ethereum developer was refused a bail out of prison.

</p></p>