Beautiful Virgin Islands

Sunday, Jul 20, 2025

US cryptocurrency expert jailed for helping North Korea evade sanctions

US cryptocurrency expert jailed for helping North Korea evade sanctions

A former US researcher at a cryptocurrency group has been sentenced to more than five years in prison for conspiring to help North Korea evade US sanctions using cryptocurrency.
Virgil Griffith had earlier pleaded guilty to conspiring to violate US law.

He formerly worked for the Ethereum Foundation, a non-profit organisation focused on the technology behind the cryptocurrency ether.

The sentence was the minimum amount of prison time sought by prosecutors.

He was also fined $100,000 (£76,864). The 39-year-old had been facing a maximum sentence of 20 years in prison and a $1m fine.

His lawyer said in a statement that while the sentence was disappointing, the judge "acknowledged Virgil's commitment to moving forward with his life productively, and that he is a talented person who has a lot to contribute".

US Attorney Damian Williams said in a statement that "justice has been served".

In September, Griffith pleaded guilty to conspiring to violate the US International Emergency Economic Powers Act by travelling to North Korea's capital Pyongyang to give a presentation on blockchain technology.

According to prosecutors, Griffith, who has a doctorate from the California Institute of Technology, travelled to North Korea via China in April 2019 to speak at the Pyongyang Blockchain and Cryptocurrency Conference, despite being denied permission by the US Department of State to go.

Prosecutors said Griffith understood the information could be used to evade sanctions that Washington had imposed on North Korea over its development of nuclear weapons.

"The most important feature of blockchains is that they are open. And the DPRK [Democratic People's Republic of Korea] can't be kept out no matter what the USA or the UN says," Griffith said during the presentation, according to prosecutors.

In September, the US Department of Justice said he had "jeopardised the national security of the United States" by undermining sanctions.

The Ethereum Foundation said at the time of Griffith's arrest that it had not approved or supported his travel to North Korea.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
NVIDIA Achieves $4 Trillion Valuation Amid AI Demand
US Revokes Visas of Brazilian Corrupted Judges Amid Fake Bolsonaro Investigation
U.S. Congress Approves Rescissions Act Cutting Federal Funding for NPR and PBS
North Korea Restricts Foreign Tourist Access to New Seaside Resort
Brazil's Supreme Court Imposes Radical Restrictions on Former President Bolsonaro
Centrist Criticism of von der Leyen Resurfaces as she Survives EU Confidence Vote
Judge Criticizes DOJ Over Secrecy in Dropping Charges Against Gang Leader
Apple Closes $16.5 Billion Tax Dispute With Ireland
Von der Leyen Faces Setback Over €2 Trillion EU Budget Proposal
UK and Germany Collaborate on Global Military Equipment Sales
Trump Plans Over 10% Tariffs on African and Caribbean Nations
Flying Taxi CEO Reclaims Billionaire Status After Stock Surge
Epstein Files Deepen Republican Party Divide
Zuckerberg Faces $8 Billion Privacy Lawsuit From Meta Shareholders
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
SpaceX Nears $400 Billion Valuation With New Share Sale
Microsoft, US Lab to Use AI for Faster Nuclear Plant Licensing
Trump Walks Back Talk of Firing Fed Chair Jerome Powell
Zelensky Reshuffles Cabinet to Win Support at Home and in Washington
"Can You Hit Moscow?" Trump Asked Zelensky To Make Putin "Feel The Pain"
Irish Tech Worker Detained 100 days by US Authorities for Overstaying Visa
Dimon Warns on Fed Independence as Trump Administration Eyes Powell’s Succession
Church of England Removes 1991 Sexuality Guidelines from Clergy Selection
Superman Franchise Achieves Success with Latest Release
Hungary's Viktor Orban Rejects Agreements on Illegal Migration
Jeff Bezos Considers Purchasing Condé Nast as a Wedding Gift
Ghislaine Maxwell Says She’s Ready to Testify Before Congress on Epstein’s Criminal Empire
Bal des Pompiers: A Celebration of Community and Firefighter Culture in France
FBI Chief Kash Patel Denies Resignation Speculations Amid Epstein List Controversy
Air India Pilot’s Mental Health Records Under Scrutiny
Google Secures Windsurf AI Coding Team in $2.4 Billion Licence Deal
Jamie Dimon Warns Europe Is Losing Global Competitiveness and Flags Market Complacency
South African Police Minister Suspended Amid Organised Crime Allegations
Nvidia CEO Claims Chinese Military Reluctance to Use US AI Technology
Hong Kong Advances Digital Asset Strategy to Address Economic Challenges
Australia Rules Out Pre‑commitment of Troops, Reinforces Defence Posture Amid US‑China Tensions
Martha Wells Says Humanity Still Far from True Artificial Intelligence
Nvidia Becomes World’s First Four‑Trillion‑Dollar Company Amid AI Boom
U.S. Resumes Deportations to Third Countries After Supreme Court Ruling
Excavation Begins at Site of Mass Grave for Children at Former Irish Institution
Iranian President Reportedly Injured During Israeli Strike on Secret Facility
EU Delays Retaliatory Tariffs Amid New U.S. Threats on Imports
Trump Defends Attorney General Pam Bondi Amid Epstein Memo Backlash
Renault Shares Drop as CEO Luca de Meo Announces Departure Amid Reports of Move to Kering
Senior Aides for King Charles and Prince Harry Hold Secret Peace Summit
Anti‑Semitism ‘Normalised’ in Middle‑Class Britain, Says Commission Co‑Chair
King Charles Meets David Beckham at Chelsea Flower Show
If the Department is Really About Justice: Ghislaine Maxwell Should Be Freed Now
NYC Candidate Zohran Mamdani’s ‘Antifada’ Remarks Spark National Debate on Political Language and Economic Policy
President Trump Visits Flood-Ravaged Texas, Praises Community Strength and First Responders
×