Feds Knock Crypto Developer's Bid To Kill Sanctions Charge

Law360 (November 20, 2020, 10:30 PM EST) -- Federal prosecutors asked a New York federal judge on Thursday to disregard a blockchain platform developer's bid to dismiss the indictment alleging he broke the law by helping North Korea try to circumvent U.S. sanctions using cryptocurrency.

Virgil Griffith was charged in an early January indictment with violating the International Emergency Economic Powers Act by conspiring with others to provide services to the Democratic People's Republic of Korea without obtaining approval from the U.S. Treasury Department.

A former hacker and Ethereum Foundation employee, Griffith was arrested at Los Angeles International Airport last Thanksgiving in connection with his attendance of the Pyongyang...

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