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Five-year Jail Term: Has Virgil Griffith Become Ethereum’s Ross Ulbricht?
13.4.2022
Locking up crypto developers who stray into murky legal waters may become a more everyday occurrence in the years to come....
Read More: Five-year Jail Term: Has Virgil Griffith Become Ethereum’s Ross Ulbricht?
North Korea-obsessed Ethereum dev gets 5 years for breaking sanctions
13.4.2022
Former Ethereum developer Virgil Griffith has been sentenced to 63 months in prison and a $100,000 fine for violating sanctions on North Korea
Ethereum Developer Virgil Griffith Sentenced to 5+ Years in US Prison for Violating North Korean Sanctions
13.4.2022
An Ethereum developer, Virgil Griffith, has been sentenced to five years and three months in U.S. prison after he pleaded guilty to a charge brought on by speaking at a crypto conference in North Korea. According to the U.S. Department of Justice (DOJ), his presentation provided the Kim Jong...
The FBI’s takedown of Virgil Griffith for breaking sanctions, firsthand
12.4.2022
Former Ethereum Developer Virgil Griffith Sentenced to 5+ Years in Prison for North Korea Trip
12.4.2022
Former Ethereum developer Virgil Griffith will serve TK YEARS in prison for helping North Koreans use cryptocurrencies to evade sanctions
South Korean Intelligence Service Informs Crypto Exchanges About Cyberthreats
8.4.2022
The South Korean state intelligence agency is now providing crypto trading platforms with information about attempts to breach their cybersecurity. The help for the country’s digital asset exchanges comes amid growing threats, local media reported. Intelligence Service Offers Cybersecurity...
Prosecutors: Ethereum Foundation Knew About Virgil Griffith’s North Korea Intentions
24.3.2022
American prosecutors have told a court that the Ethereum Foundation, the body that governs the Ethereum (ETH) blockchain network, “initially indulged” the foundation’s Virgil Griffith – the man whom the FBI says “illegally engaged” with North Korea in 2019....
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Gaming Giant Animoca Brands Reveals Ban Against Russian Users, Co-Founder Compares Russia to North Korea
3.3.2022
Blockchain gaming firm Animoca Brands has revealed the company is breaking ties with Russian users following the Ukraine invasion that started seven days ago. Animoca Brands co-founder Yat Siu noted in an interview that the company received legal advice about the situation and the Animoca executive...
N Korea Says It Doesn’t Hack Crypto, Calls the US the World’s ‘King of Hacking & Theft’
10.2.2022
Days after the United Nations claimed that North Korea had plundered crypto exchanges last year in hacks on targets based in multiple continents, Pyongyang has hit back – accusing the United States of “covertly stealing” funds and specializing in underhand cybercrime....
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North Korea Still Hacking Crypto Exchanges to Fund Its Weapons Program, Says UN
7.2.2022
Independent sanctions monitors have told the United Nations (UN) that North Korea is continuing to use crypto and raids on international crypto exchanges as a major revenue stream to fund its nuclear and ballistic weapons programs.
The monitors, Reuters reported, submitted their findings to...
Cryptocurrency Theft Remains Key Revenue Source for North Korea, UN Report Says
6.2.2022
Cyberattacks on cryptocurrency exchanges have been a major source of funds for North Korea in the past year, a United Nations report has unveiled. According to the document, the sanctioned nation has also been developing its nuclear and missile programs. North Korea Hits Cryptocurrency Exchanges...
North Korean Hackers Stole $400 Million in Cryptocurrency Last Year — Ether Accounts for 58% of Stolen Funds
15.1.2022
North Korean hackers stole cryptocurrency worth about $400 million last year in at least seven major attacks on crypto platforms. “Only 20% of the stolen funds were bitcoin … And for the first time ever, ether accounted for a majority of the funds stolen at 58%,” said...
North Korea Views its USD 1.7B Crypto Hack Hauls as a ‘Long-term Investment’
27.12.2021
North Korea “has hacked USD 1.7 billion worth of crypto from exchanges,” reports have claimed -and experts say that Pyongyang is going long on its haul of tokens, rather than immediately swapping them for cash....
Read More: North Korea Views its USD 1.7B Crypto Hack Hauls as a ‘Long-term...
Crypto's impact on sanctions: Are regulators' concerns justified?
30.11.2021
Cryptocurrencies, including CBDC’s, have now become a part of the narrative on sanctions due to high adoption
Acid, Bitcoin mining and a bad trip to North Korea
26.11.2021
North Korea Is Targeting Crypto Users with Spear-Phishing Attacks, Says UN
6.10.2021
nce that Pyongyang-linked hackers and state-sponsored crypto thieves are “primarily using social media platforms to identify targets and attempt initial contact” with crypto holders.Rather than spamming a broad range of targets with generic emails that invariably end up in junk folders, the U
ETH developer pleads guilty for conspiracy to violate sanctions laws
27.9.2021
The plea deal ends a nearly two-year legal battle between Griffith and U.S. prosecutors tied to a presentation the developer gave in Pyongyang
Former Ethereum Dev Virgil Griffith Pleads Guilty to North Korea Charge, Enters Plea Deal for 6.5 Years: Report
27.9.2021
On September 27, 2021, at the Southern District of New York courthouse, the trial against former Ethereum developer Virgil Griffith started at 9:30 a.m. (EST). Griffith was facing 20 years behind bars for discussing blockchain technology in North Korea. Around 10:30 a.m., Griffith pleaded guilty...
Ethereum Scientist Pleads Guilty, Bitcoin Leads Institutional Investments Again + More news
27.9.2021
vade US sanctions just before he was to go to trial today, Bloomberg reported. Griffith is scheduled to be s
Financial Warfare: Afghan Central Bank’s $10B Confiscated by US, Biden Halts USD Shipments to Afghanistan
18.8.2021
The war in Afghanistan has been an extremely long conflict since the United States invaded the country in 2001, in order to drive the Taliban from power. After a messy exit, the U.S. occupation in Afghanistan has been compared to mistakes made during the Vietnam War. Now that U.S. forces have left...