Ethereum Dev Indicted By Grand Jury Over North Korea Appearance

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Ethereum

Ethereum developer Virgil Griffith has been indicted by a grand jury for conspiracy to violate the International Emergency Economic Powers Act (IEEPA) after speaking at a cryptocurrency conference hosted by the North Korean government last April.

Griffith was initially arrested on Thanksgiving at Los Angeles Internation Airport after FBI Special Agent Brandon M. Cavanaugh alleged that the Ethereum dev had breached the IEEPA in traveling to North Korea without authorization and providing knowledge on how the country can utilize blockchain technology to launder money and evade sanctions. The case was then brought before a court in …

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