• 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.

  • 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.