Former Ethereum Developer Virgil Griffith Sentenced to 5+ Years in Prison for North Korea Trip

2 years ago

Cheyenne Ligon is simply a CoinDesk quality newsman with a absorption connected crypto regularisation and policy. She has nary important crypto holdings.

Former Ethereum developer Virgil Griffith volition service 63 months successful situation and wage a $100,000 good for helping North Koreans usage cryptocurrencies to evade sanctions.

Last September, Griffith pleaded blameworthy to 1 number of conspiracy to interruption planetary sanctions against North Korea. Griffith was arrested successful November 2019 aft giving a speech astatine a cryptocurrency league successful Pyongyang successful April of that year.

Though the transgression carried a maximum punishment of 20 years, Griffith’s plea woody with national prosecutors brought the condemnation down to a scope of 63 to 78 months – astir 5 to 6.5 years. Griffith has already spent astir 2 years successful custody, of which the tribunal volition number 10 months arsenic clip served.

The condemnation handed down by U.S. District Judge Kevin Castel of the Southern District of New York connected Tuesday is connected the little extremity of the prosecution’s suggested sentencing guidelines.

Griffith is presently being held successful Brooklyn's Metropolitan Detention Center.

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Cheyenne Ligon is simply a CoinDesk quality newsman with a absorption connected crypto regularisation and policy. She has nary important crypto holdings.

Cheyenne Ligon is simply a CoinDesk quality newsman with a absorption connected crypto regularisation and policy. She has nary important crypto holdings.


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