Skip to content

Crypto Expert Gets 63 Months in Prison for Helping North Korea Evade U.S. Sanctions

  • Virgil Griffith attended 2019 conference held in Pyongyang
  • He posed for photo by white board reading ‘No sanctions yay’
Updated on
From

A cryptocurrency expert was sentenced to more than five years in prison after pleading guilty to helping North Korea evade U.S. sanctions.

Virgil Griffith, a former Ethereum Foundation cryptocurrency scientist, told a federal judge in New York on Tuesday that he “arrogantly and erroneously” thought he knew better than U.S. authorities, people at his company and his family, all of whom tried to dissuade him from participating in a 2019 blockchain and cryptocurrency conference in the North Korean capital, Pyongyang.