US Jails Crypto Expert 63 Months For Helping North Korea | Sahara Reporters

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Virgil Griffith, 39, had pleaded guilty to conspiring to violate US law, in a bid to reduce the sentence for a crime that can carry up to 20 years behind bars, AFP reports.

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 benefit”.

At the conference, Griffith provided information on how North Korea could use the technology to launder money and evade sanctions, including through"smart contracts," according to the court.After the presentation, the prosecution said that Griffith"pursued plans to facilitate the exchange of cryptocurrency between the Democratic People's Republic of Korea and South Korea, despite knowing that assisting with such an exchange would violate sanctions against the DPRK.

 

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It’s business and not an illegal one

Please can anyone help me with any amount? Even if is 500naira. I want to use it to buy food, I don't have anything to eat. Pls help me, God bless you. 2106602733 UBA Mayowa

I thought those who are against Russia said Ukraine has the right to freedom of association? Why then is this guy been jailed for exercising his right to associate with North Korea? Hypocrites!

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