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Alternatives Marketplace hosts the first Cryptocurrency Conference

Alternatives Marketplace hosts the first Cryptocurrency Conference
moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.

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Ethereum dev must face jury for allegedly helping North Korea evade sanctions


Ethereum dev must face jury for allegedly helping North Korea evade sanctions
Virgil Griffith, a crypto developer accused of helping North Korea evade sanctions through speaking at a Pyongyang crypto conference in 2019, must now face a jury.
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A New York federal judge has denied an Ethereum developer’s motion to dismiss criminal charges over allegations he assisted the North Korean regime to bypass U.S. sanctions.
The developer and former-hacker, Virgil Griffith, is accused of helping North Korea evade economic sanctions by delivering a speech during a Pyongyang blockchain conference in April 2019.
Griffith also requested a bill of particulars, claiming he was unable to prepare for the hearing as the four-page indictment against him was “short and vague,” and lacked specific detail outlining his criminal conduct. However, the judge also rejected this request, finding that “adequate notice of the charges against Griffith ....

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Federal Court Rejects Motion Filed by Crypto Developer Virgil Griffith to Dismiss Charges on Aiding North Korea – News Bitcoin News


Federal Court Rejects Motion Filed by Crypto Developer Virgil Griffith to Dismiss Charges on Aiding North Korea
A 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 now set to determine if Griffith violated the International Emergency Economic Powers Act by giving a speech at the Pyongyang Blockchain and Cryptocurrency Conference in 2019.
Kevin Castel, a U.S. District Judge, denied Griffith’s motion because the “short and vague” four-page indictment lacked specific details of his alleged criminal actions. He further commented on the matter: ....

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