Cryptocurrency guru pleads guilty to conspiracy to violate North Korea sanctions | NK News
NK News Logo
December 23, 2024

NK News is hiring

News

Cryptocurrency guru pleads guilty to conspiracy to violate North Korea sanctions

Virgil Griffith faces up to 20 years in prison for providing information on how to skirt sanctions with cryptocurrency

An American cryptocurrency specialist has pleaded guilty to charges of conspiring to violate U.S. sanctions on North Korea, the Justice Department (DOJ) announced on Monday (U.S. time).

Virgil Griffith, a researcher at the Ethereum Foundation, is accused of delivering a lecture on cryptocurrencies at a conference in Pyongyang and detailing how North Korea could use blockchain technology to launder money and avoid sanctions.

Try unlimited access
Only $1 for four weeks

  • Unlimited access to all of NK News: reporting, investigations, analysis
  • Year-one discount if you continue past $1 trial period
  • The NK News Daily Update, an email newsletter to keep you in the loop
  • Searchable archive of all content, photo galleries, special columns
  • Contact NK News reporters with tips or requests for reporting
Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts.
Subscribe now

All major cards accepted. No commitments – you can cancel any time.