Lodi Valley News.com

Complete News World

Crédito: Pexels

Ethereum developer arrested for aiding North Korea

Image copyright Pexels Image caption An Ethereum developer has been arrested for consulting North Korea

US developer Virgil Griffiths was sentenced Tuesday to five years and three months in prison for providing North Korea with consulting services on blockchain technology and cryptocurrencies.

Griffith was a developer and research scientist at Ethereum Foundation. In 2019, he traveled to Pyongyang to attend a blockchain and cryptocurrency conference despite being refused travel authorization by the US State Department. It should be noted that US citizens have been banned from traveling to North Korea since 2017, with special permissions given after review by the US government.

+ Musk Offers $43 Billion To Buy All Twitter Shares

But the developer has been prosecuted for violating the International Emergency Economic Powers Act (IEEPA) and Executive Order 13466, which prohibit the export of goods, services, or technology to North Korea without permission from the Office of Foreign Assets Control (OFAC), an agency of the US Treasury.

Griffiths, in addition to attending the event, was accused of passing on information about how North Korea used crypto technology to launder money and circumvent US sanctions. In September last year, he pleaded guilty in court for the Southern District of New York.

In addition to spending five years and three months in prison, Virgil Griffiths will spend another three years on probation after his release from prison.

know more

+ New Montana: The third generation Chevrolet pickup arrives in 2023
+ Omicron: Unexpected symptoms of infection in children worry medical teams
+ Mercadão de SP sellers threaten customers to hit the fruit
+ Video: A mother is under attack on social media for wearing tight clothes to take her son to school
+ Horoscope: Check today’s forecast for your horoscope
+ What is known about fluoron?
+ Trick for squeezing lemons is getting craze on social media
Ichthyosaur monster discovered in Colombia
+ One of the twins became a vegetarian, the other ate meat. Check Result
+ Find out the most stolen cars in SP in 2021
+ Expedition identified the giant squid responsible for the sinking of the ship in 2011
+ The US agency warns: Do not wash raw chicken meat

See also  Putin reportedly preparing to conduct a nuclear test on Ukraine's border