Etherium developer sentenced to 63 months in US federal prison for violaing sanctions against North Korea

in Cryptocurrency6 months ago

remarks_on_the_marg_20211210.png

Virgil Griffith had traveled to North Korea to advise an audience there on the use of crypto, allegedly to bypass the sanctions regime. For that, he has now been sentenced to over 5 years in a federal prison. According to the law under which he was charged, it could have been up to 20 years.

It is a bit curious that he even traveled there physically. That aside, technologies such as crypto are likely to make the world a single financial space - and there is little anybody can do about that, short of a full separation from the internet. And even that is not guaranteed to work.

References

Ethereum Developer Virgil Griffith Sentenced to 5+ Years in US Prison for Violating North Korean Sanctions

Social media links

Locals

Substack

Gab

Minds

Gettr

Website

borisepstein.info

Support

Subscribestar

Patreon

Sort:  

pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 101 of my contest just started...you can now check the winners of the previous week!
10

I think that Russia are also violating the current sanctions of the US after war by using cryptocurrencies. I think there is no way to prevent this.