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.
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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.