• Jay Clayton’s leaving the SEC
    Bitcoin,  Cryptocurrencies,  Regulation,  United States

    Jay Clayton’s leaving the SEC. Could this be crypto’s big break?

    There are hopes that his successor as SEC commissioner will increase the likelihood of a Bitcoin exchange-traded fund finally being approved

    SEC chairman Jay Clayton has been nominated as high-powered position as the U.S. Attorney for the Southern District of New York. Now, nerves are growing as to who will be tapped to take on his regulatory role, where he has been a persistent thorn in the side of Bitcoin and cryptocurrency boosters.

  • 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.