Sunday, July 5, 22:50
Home inet Ethereum scientist Virgil Griffith arrested for visiting North Korea

Ethereum scientist Virgil Griffith arrested for visiting North Korea

The US Attorney's Office for the Southern District of New York and the FBI announced today that they have arrested and accused Virgil Griffith, an Ethereum researcher, of violating US sanctions laws and traveled to North Korea to "deliver a presentation and technical advice on use." cryptocurrency and blockchain technology to avoid sanctions. ”

"It was alleged that Virgil Griffith provided highly technical information to North Korea, knowing that this information could be used to help North Korea make money and avoid penalties," said US Attorney Geoffrey S. Berman in a statement. statement. Endangered them sanctions that both Congress and the President have taken to put maximum pressure on North Korea's dangerous regime. "

Ethereum

According to US authorities, in April at 2019, Griffith traveled to North Korea to attend and attend the "Pyongyang Blockchain and Cryptocurrency Conference" conference despite the fact that the US State Department had not authorized him to travel to country. The principles of USA claimed that at the conference, Griffith and other participants "discussed how North Korea could use technology blockchain and cryptocurrency for legalization money and the avoidance of sanctions. "

After the conference, Griffith "began to formulate plans to facilitate the exchange of cryptocurrency between North Korea and South Korea, despite knowing that assisting in such a process would violate sanctions against North Korea."

Griffith was accused of conspiring to violate the International Emergency Financial Powers Act, which carries a maximum prison term of 20 years.

LEAVE ANSWER

Please enter your comment!
Please enter your name here

Teo Ehc
Teo Ehchttps://www.secnews.gr
Be the limited edition.

LIVE NEWS

Try2Cry ransomware: Infects USB flash drives

A new ransomware known as Try2Cry is trying to "reach" other Windows computers by infecting USB flash drives, using Windows shortcuts (LNK files) ...

Bitcoin scam attracts people with "bait" celebrities!

A bitcoin multi-stage scam exposed and used personally identifiable information (PII) to deceive users by prompting them to sign up for a ...

iPhone: What to do to boost your security?

One of the most important features of iOS is security. Rarely does a malicious application pass to ...

COVID-19: New research looks for antibodies in blood donors

The American Red Cross is examining the blood that has come from donations, and is looking for COVID-19 antibodies that will give it ...

Digital Transformation and Business: What Does Its Failure Mean?

Digital transformation is usually a way for businesses to outperform their competitors and get rid of methods that ...

Covaxin: India releases COVID-19 vaccine in August

The whole planet is waiting for the release of the vaccine for coronavirus, while clinical trials have begun in many countries around the world ....

iOS 13.5.1: iPhone users report battery issues

Have you noticed any changes to your iPhone lately? Maybe, for example, the battery runs out quickly ...

Avaddon ransomware: Attacks through Excel 4.0 macros

Microsoft announced yesterday that Avaddon ransomware spread this week through an old technique that came to the fore again. The...

Apple: Prohibits updating Chinese Apps without permission

Apple is banning developers from updating existing apps in China's App Store if they don't have government approval.

Australia: Thousands of MyGov accounts are sold on the Dark Web

Access to more than 3600 MyGov accounts is being sold on the dark web, potentially exposing thousands of Australians to fraud and identity theft.