• ICE indicts Venezuelan Petro leader
    Cryptocurrencies,  Politics

    U.S. puts $5M bounty on head of Venezuela’s Petro Superintendent

    Superintendent of Venezuela Government Cryptocurrency Joselit Ramirez Camacho was indicted for money laundering, violating U.S. sanctions, and working with designated drug kingpins

    Joselit Ramirez Camacho, is “accused of having deep political, social and economic ties to multiple alleged narcotics kingpins, including the country’s former vice president, Tareck El Aissami,” according to a statement released on June 1 by the ICE Homeland Security Investigations division.

  • Virgil Griffith brilliantly announced his illegal trip to North Kore on Twitter
    Ethereum,  People,  Politics

    Virgil Griffith free on bail

    The former Ethereum developer has been released from custody, a full 10 days after a judge ordered him released on $1 million bail

    Virgil Griffith, the former head of special projects for the Ethereum Foundation, is free on $1 million bail. He was charged with violating sanctions following a trip to North Korea in April to deliver a lecture on cryptocurrency. Prosecutors say he assisted the rogue regime in using cryptocurrency to bypass sanctions.

  • Virgil Griffith is facing 20 years in prison (Lulu Lorien via Wikimedia Commons).
    People,  Technology

    Virgil Griffith formally charged over North Korea speech

    The former Ethereum developer has been indicted for conspiracy to use cryptocurrency to violate U.S. sanctions; co-conspirator to be arrested shortly

    Former Ethereum developer Virgil Griffith has been formally indicted for conspiracy to violate North Korean sanctions after giving a cryptocurrency lecture at a North Korean conference. Prosecutors alleged that Griffith discussed how to use blockchain and cryptocurrency technology to launder money.