US Crypto Expert Jailed 63 Months For Helping North Korea

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A US cryptocurrency expert was sentenced Tuesday to 63 months in prison for advising North Korea on how to create cryptocurrency services and blockchain technology to circumvent US sanctions over its nuclear program, court officials in New York said. Virgil Griffith, 39, had pleaded guilty to conspiring to violate US law, in a … Continue reading US Crypto Expert Jailed 63 Months For Helping North Korea

This illustration photo shows a smart phone screen displaying the logo of FTX, the crypto exchange platform, with a screen showing the FTX website in the background in Arlington, Virginia on February 10, 2022.A US cryptocurrency expert was sentenced Tuesday to 63 months in prison for advising North Korea on how to create cryptocurrency services and blockchain technology to circumvent US sanctions over its nuclear program, court officials in New York said.

Prosecutor Damian Williams said “there is no question North Korea poses a national security threat to our nation, and the regime has shown time and again it will stop at nothing to ignore our laws for its own benefit. In April 2019 Griffith gave a presentation in Pyongyang, the North Korean capital, on cryptocurrency and blockchain technology. He was arrested at Los Angeles airport in November the same year.

 

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Democracy in the mud again

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