September 26, 2022

Ethereum developer Virgil Griffith will be released from custody pending a court decision

Ethereum developer Virgil Griffith will be released from custody pending a court decision

Judge Holds US Department of Justice Has Enough Evidence to Transfer Case Against Ethereum developer Virgil Griffith to court. About this writes the publication CoinDesk.

Griffith Arrested in Los Angeles on DayThanksgiving and accused of conspiring with the Democratic People's Republic of Korea (DPRK) against the United States, attended a preliminary court hearing on Monday.

On Friday, the US Attorney's Office in the Southern DistrictNew York City announced that Griffith was charged with “violating the International Law on Extraordinary Economic Powers while traveling to the Democratic People’s Republic of Korea (DPRK or North Korea) to make a presentation on the use of cryptocurrency and blockchain technology to avoid sanctions.”

So, earlier Griffith, without receiving US permission toa trip to North Korea, held a presentation called “Blockchain and Peace”. Moreover, Griffith subsequently “began to develop plans to strengthen the DPRK’s relations with South Korea.”

After a hearing on Monday, defendant's lawyer Brian Klein said the developer would be temporarily released from custody.

He added:

We are glad that today the judge decided to release Virgil from prison pending trial. We dispute the allegations and Virgil is looking forward to hearing.

Klein represented a number of famous people in the world of cryptocurrencies and cybersecurity, including crypto entrepreneur Charlie Shrem and Marcus Hutchins.

Klein had previously won a dispute with Cameron and Tyler Winklevoss, who sued Shrem in November 2018, claiming he owed them $ 26 million in BTC.