Attendee of North Korea’s Crypto Event Says Sanctions Weren’t Discussed
The cryptocurrency community at large was shocked last week when the United States Attorney’s Office for the Southern District of New York revealed that it had arrested Virgil Griffith, an Ethereum Foundation researcher and prominent member of the blockchain space.
The State Attorney accused the individual of violating the “International Emergency Economic Powers Act (“IEEPA”) by traveling to the Democratic People’s Republic of Korea (“DPRK” or “North Korea”) in order to deliver a presentation… [on how to use technology] to evade sanctions.”
Why this relates to cryptocurrency is that Griffith’s presentation was regarding blockchain and was made at a state-sponsored cryptocurrency event. U.S. Attorney Geoffrey S. Berman went as far as to say tha ...