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New York Southern District Court – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Mon, 27 Sep 2021 16:30:18 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png New York Southern District Court – DIGIT INFO https://www.digit.info 32 32 Former Ethereum Dev Virgil Griffith Pleads Guilty to North Korea Charge, Enters Plea Deal for 6.5 Years: Report https://www.digit.info/former-ethereum-dev-virgil-griffith-pleads-guilty-to-north-korea-charge-enters-plea-deal-for-6-5-years-report/ Mon, 27 Sep 2021 16:30:18 +0000 https://www.digit.info/2021/09/27/former-ethereum-dev-virgil-griffith-pleads-guilty-to-north-korea-charge-enters-plea-deal-for-6-5-years-report/ Read more]]> On September 27, 2021, at the Southern District of New York courthouse, the trial against former Ethereum developer Virgil Griffith started at 9:30 a.m. (EST). Griffith was facing 20 years behind bars for discussing blockchain technology in North Korea. Around 10:30 a.m., Griffith pleaded guilty and accepted a plea deal with up to six and […]

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Former Ethereum Developer Virgil Griffith Arrested for Signing Into His Coinbase Account: Report https://www.digit.info/former-ethereum-developer-virgil-griffith-arrested-for-signing-into-his-coinbase-account-report/ Wed, 21 Jul 2021 19:30:11 +0000 https://www.digit.info/2021/07/21/former-ethereum-developer-virgil-griffith-arrested-for-signing-into-his-coinbase-account-report/ Read more]]> Former Ethereum Developer Virgil Griffith Arrested for Signing Into His Coinbase Account: ReportAccording to reports stemming from investigative journalist Matthew Russell Lee, from Inner City Press, former Ethereum developer Virgil Griffith has violated the terms of his bail and has been taken into custody. According to the reports, the U.S. Attorney’s Office revoked Griffith’s bond because he allegedly tried to access the crypto exchange Coinbase. Report Says […]

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Federal Court Rejects Motion Filed by Crypto Developer Virgil Griffith to Dismiss Charges on Aiding North Korea https://www.digit.info/federal-court-rejects-motion-filed-by-crypto-developer-virgil-griffith-to-dismiss-charges-on-aiding-north-korea/ Sat, 30 Jan 2021 14:00:19 +0000 https://www.digit.info/2021/01/30/federal-court-rejects-motion-filed-by-crypto-developer-virgil-griffith-to-dismiss-charges-on-aiding-north-korea/ Read more]]> Federal Court Rejects Motion Filed by Crypto Developer Virgil Griffith to Dismiss Charges on Aiding North KoreaA U.S. federal judge has rejected a motion filed by a former Ethereum Foundation developer over allegations of assisting North Korea to bypass sanctions. Prosecutors claim, Virgil Griffith, aided the regime by providing critical information on cryptocurrencies. Prosecutors Say Griffith’s Speech Was About the Use of Cryptos to Circumvent Sanctions Per Law360, a jury is […]

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The CFTC Asks Court to Issue Fines in Excess of $100M Against Mastermind of a Fraudulent Crypto Scheme https://www.digit.info/the-cftc-asks-court-to-issue-fines-in-excess-of-100m-against-mastermind-of-a-fraudulent-crypto-scheme/ Mon, 11 Jan 2021 07:35:54 +0000 https://www.digit.info/2021/01/11/the-cftc-asks-court-to-issue-fines-in-excess-of-100m-against-mastermind-of-a-fraudulent-crypto-scheme/ Read more]]> The CFTC Asks Court to Issue Fines in Excess of $100M Against Mastermind of a Fraudulent Crypto SchemeThe Commodity Futures Trading Commission (CFTC) has filed a motion with the New York Southern District Court that seeks heavy penalties against Michael Ackerman, the mastermind of a fraudulent cryptocurrency scheme. According to the motion, the U.S. agency wants the court to order Ackerman to pay $27 million in restitution plus a civil penalty of […]

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