Prosecutors appear to have a strong case against Virgil Griffith, the ethereum developer charged with conspiring to aid North Korea, legal experts say.
Ethereum Dev Virgil Griffith Pleads Not Guilty to Violating North Korea Sanctions
Ethereum developer Virgil Griffith pleaded not guilty to a charge of conspiracy to violate the International Emergency Economic Powers Act on Thursday. Griffith was arrested in November on allegations he spoke at a cryptocurrency conference in North Korea last year, where he allegedly taught his audience how to use cryptos to evade sanctions. A complaint […]
Ethereum Dev Virgil Griffith Pleads Not Guilty to Violating North Korea Sanctions
Ethereum developer Virgil Griffith pleaded not guilty to a charge of conspiracy to violate the International Emergency Economic Powers Act on Thursday. Griffith was arrested in November on allegations he spoke at a cryptocurrency conference in North Korea last year, where he allegedly taught his audience how to use cryptos to evade sanctions. A complaint […]
UN Warns Against Attending North Korean Crypto Conference Next Month
The United Nations says attending North Korea’s cryptocurrency conference in February would likely be a violation of sanctions.
Sanctions Weren’t Discussed at North Korea Crypto Conference, Attendee Says
The U.S. government’s charges against Virgil Griffith are overblown, says one attendee of the North Korean conference that led to the ethereum developer’s arrest.
Bittrex Will Release Frozen Crypto to Former Users in Sanctioned Regimes
Crypto exchange Bittrex is looking to return crypto holdings to customers in sanctioned nations, but there are conditions.
How Lebanon’s Economic Crisis Highlights Bitcoin’s Limitations
Bitcoin users in Lebanon have numerous hurdles to overcome to develop a local market during the nation’s economic crisis.
US Sanctions Three Alleged Crypto Hacking Groups from North Korea
The U.S. Treasury mentioned cryptocurrency thefts as one of the reasons for the action against the Lazarus Group, Bluenoroff and Andariel.
US Treasury Sanctions Russian Bank Over Links to Venezuela’s Petro
The U.S. Department of the Treasury has sanctioned a Moscow-based bank over its role in financing Venezuela’s controversial petro token.
North Korea Hacking Crypto Exchanges to Circumvent Sanctions: UN Panel
A U.N. Security Council panel has linked North Korea to millions lost in cryptocurrency hacks, Nikkei Asian Review reports.
Venezuela Calls US Sanctions Against Its Petro Cryptocurrency ‘Discriminatory’
Venezuela has filed a complaint against the U.S. with the World Trade Organization, highlighting sanctions against the petro as one issue.
US Lawmakers Seek Sanctions Against Iran’s Cryptocurrency Efforts
A bill introduced this week in Congress takes a hard line on Iran’s efforts to develop its own sovereign cryptocurrency.
Cheap Power Is Luring Battered Bitcoin Miners to Iran
Some crypto miners are looking to Iran for its low-cost power – but the path to setting up shop in the country is anything but simple.
Bitcoin Trader on US Sanctions Blacklist Says He’s Innocent
An Iranian bitcoin trader added to the U.S. Treasury’s OFAC sanctions list last week claims he’s been wrongfully blacklisted.
Get Ready for Crypto Sanctions Enforcement
Recent OFAC actions are just the first step in crypto sanctions enforcement, write attorneys Beau Barnes and Jake Chervinsky.
Iranian Bitcoin Users Are Already Being Affected By New US Sanctions
New sanctions from the US government are driving Iranian bitcoin users to pursue more secure and private wallet solutions.
US Regulators Tie Two Bitcoin Addresses to Iranian Ransomware Plot
For the first time, the U.S. Treasury Department is adding crypto addresses to its list of Specially Designated Nationals.
Bitcoin Price Hits 7-Month High Against Turkish Lira
Turkey’s economic crisis looks to have boosted bitcoin’s appeal as a safe-haven asset, pushing it to seven-month highs against the lira.
Iran Plans National Cryptocurrency as New US Sanctions Loom
Iran may soon issue its own cryptocurrency in a move aimed to bypass economic sanctions enacted by U.S. President Donald Trump.
The Crypto Community Must Use the Blockchain to Self-Police
The everyday crypto user in the future is likely to spend time identifying illicit wallets and transactions to avoid, thanks to the U.S. Treasury.