• 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.

  • To avoid prison, do not tweet your illegal North Korean visa (via Twitter).
    Ethereum,  People

    Report: Virgil Griffith gets $1 million bail in North Korean sanctions-busting case

    The Ethereum developer was accused of teaching the pariah regime to use blockchain and cryptocurrency to launder money at a conference in April

    A federal judge set bail for Virgil Griffith at $1 million, over the vigorous protests of the Department of Justice. He is accused of assisting the pariah regime in evading U.S. sanctions using blockchain and cryptocurrency.

  • To avoid prison, do not tweet your illegal North Korean visa (via Twitter).
    Ethereum,  Politics

    DoJ: Ethereum expert helped North Korean sanction busting

    The Department of Justice arrested the Ethereum Foundation’s Virgil Griffith for allegedly teaching North Korea to use cryptocurrency to avoid economic sanctions

    Here’s a clue: if you’re going to teach North Korea how to use cryptocurrency to evade sanctions, don’t post your visa on Twitter. Particularly if the U.S. State Department has warned you not to go.

  • Nukes, brought to you by hacked crypto (via Pixabay).
    Politics

    Exchange hacks funded North Korean nukes

    The rogue state stole $2 billion from cryptocurrency exchanges over the past two years, using it to fund nuclear weapons development

    North Korea funded its nuclear weapons research by looting cryptocurrency exchanges of $2 billion, according to a confidential UN report.