Ethereum developer Virgil Griffith has to go to prison for 5 years! 🤯 The judge decided he tried to help 🇰🇵. Do you agree? TheCoinPope1 has the full story here 👇:
developer Virgil Griffith has been found guilty of conspiracy to violate the International Emergency Economic Powers Act, which bans American citizens from exporting goods, services, or technology to North Korea without a license. The sentence was delivered on Tuesday, April 12, by U.S. District Judge Kevin Castel of the Southern District of New York and will see Griffith serve a total of 63 months in prison, in addition to a $100,000 fine.
The case addressed his trip to North Korea in 2019 when Griffith traveled to a "Blockchain and Cryptocurrency Conference" in the country's capital despite failing to attain permission from U.S. authorities. Dressed in a North Korean suit, he gave presentations at the conference about the use of cryptocurrencies and how the country could employ them to dodge sanctions and launder money.
"The fact of the matter is Virgil Griffith…hoped to come home to Singapore or elsewhere as a crypto hero. To be admired and praised for standing up to government sanctions, for his fearlessness and nobility.This guy is willing to play both sides of the street as long as he is the center of attention."
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