North Korea-obsessed Ethereum dev gets 5 years for breaking sanctions
Former Ethereum developer Virgil Griffith has been sentenced to 63 months in prison and a $100,000 fine for violating sanctions on North Korea. Go to Source Powered by WPeMatico
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Former Ethereum developer Virgil Griffith has been sentenced to 63 months in prison and a $100,000 fine for violating sanctions on North Korea. Go to Source Powered by WPeMatico
The South Korean state intelligence agency is now providing crypto trading platforms with information about attempts to breach their cybersecurity. The help for the country’s digital asset exchanges comes amid growing threats, local media reported. Intelligence Service Offers Cybersecurity Assistance to Major South Korean Crypto Exchanges South Korea’s National Intelligence Service (NIS) has started to … Read more
Blockchain gaming firm Animoca Brands has revealed the company is breaking ties with Russian users following the Ukraine invasion that started seven days ago. Animoca Brands co-founder Yat Siu noted in an interview that the company received legal advice about the situation and the Animoca executive compared the newly sanctioned Russia to North Korea. Animoca … Read more
Cyberattacks on cryptocurrency exchanges have been a major source of funds for North Korea in the past year, a United Nations report has unveiled. According to the document, the sanctioned nation has also been developing its nuclear and missile programs. North Korea Hits Cryptocurrency Exchanges, Sanctions Monitors Say Hackers controlled by the Democratic People’s Republic … Read more
North Korean hackers stole cryptocurrency worth about $400 million last year in at least seven major attacks on crypto platforms. “Only 20% of the stolen funds were bitcoin … And for the first time ever, ether accounted for a majority of the funds stolen at 58%,” said blockchain data analytics firm Chainalysis. North Korean Hackers … Read more
Cryptocurrencies, including CBDC’s, have now become a part of the narrative on sanctions due to high adoption. Go to Source Powered by WPeMatico
The plea deal ends a nearly two-year legal battle between Griffith and U.S. prosecutors tied to a presentation the developer gave in Pyongyang. Go to Source Powered by WPeMatico
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 … Read more
The war in Afghanistan has been an extremely long conflict since the United States invaded the country in 2001, in order to drive the Taliban from power. After a messy exit, the U.S. occupation in Afghanistan has been compared to mistakes made during the Vietnam War. Now that U.S. forces have left Kabul in great … Read more
According 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 … Read more