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Cryptocurrency expert pleads guilty to helping North Korean government use blockchain to evade sanctions

Cryptocurrency expert Virgil Griffiths has pleaded guilty to helping North Korean officials evade sanctions using blockchain and cryptocurrency in 2019. Griffiths is now facing up to 20 years in prison and will be sentenced on January 18, 2022. Griffiths was arrested in November 2019 after he flew to North Korea in April 2019 and gave […]

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blockchain

Crypto Guru Pleads Guilty to Advising North Korea on Blockchain Technology

As his criminal trial was set to start, a cryptocurrency expert pleaded guilty to conspiring to violating U.S. law by traveling to North Korea to give a presentation on how to use blockchain technology to launder money and evade sanctions. Virgil Griffith entered the plea in federal court in Manhattan on Monday, before jury selection […]

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