BREAKING: Former Ethereum Developer Sentenced to Over Five Years for Helping North Korea Evade Sanctions

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Former Ethereum developer Virgil Griffith has received a 63-month prison sentence

, has been sentenced in a New York courthouse to 63 months behind bars. On top of that, he has been slapped with a $100,000 fine. , Griffith surprisingly pleaded guilty to one count of conspiracy to violate sanction laws last September. This came after his motion to dismiss was denied last January.

The Ethereum developer was arrested by U.S. authorities in November 2019 after traveling to North Korea and delivering a presentation at a local cryptocurrency conference, which had government officials among its attendees. Griffith's speech was focused on how Kim Jong-un's regime could circumvent U.S. sanctions.

Ethereum co-founder Vitalik Buterin distanced himself and the Ethereum Foundation from the ill-fated trip, clarifying that many counseled him against the risky endervour. Nevertheless, Buterin signed a petition in support of Griffth, which did not gain much traction. Griffith was facing up to 20 years behind bars, but he avoided the harshest sentence by deciding not to tempt his fate with a jury trial and agreeing to a plea deal.

 

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Former Ethereum Developer Virgil Griffith to Be Sentenced in New York Court TomorrowFormer Ethereum developer Virgil Griffith faces up to 6 1/2 years in prison for his 2019 trip to Pyongyang, during which prosecutors say he helped North Koreans leverage crypto to evade international sanctions. cheyenneligon reports cheyenneligon XMetaverse_ X-Metaverse is a blockchain 3D card strategy black_joker game that can run on calling Android, IOS and PC computer. All game content items and characters are based on blockchain tokens and NFTs package. cheyenneligon Wow a guy trying to teach Koreans financial freedom and the US, not North Korea went after him. Pathetic cheyenneligon Give him 50 years
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