Virgil Griffith, the former head of special projects for the Ethereum Foundation, stood before a judge in the Southern District of New York courthouse Thursday and entered a plea of not guilty.
PwC Switzerland scoops up ChainSecurity
Smart contracts are a key part of blockchain. Making sure they perform as intended is vital to the technology’s adoption.
ChainSecurity, a Switzerland-based smart contract auditing firm, has joined the Swiss arm of auditing and consulting giant PwC.
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.
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.
