https://sputnikglobe.com/20210927/us-citizen-pleads-guilty-to-helping-north-korea-evade-sanctions-1089463262.html
US Citizen Pleads Guilty to Helping North Korea Evade Sanctions
US Citizen Pleads Guilty to Helping North Korea Evade Sanctions
Sputnik International
WASHINGTON (Sputnik) - An American citizen pleaded guilty in US court for agreeing to help North Korea evade US sanctions through cryptocurrency services, the... 27.09.2021, Sputnik International
2021-09-27T22:04+0000
2021-09-27T22:04+0000
2022-08-06T13:24+0000
sanctions
guilty plea
cryptocurrency
north korea
singapore
blockchain
us
https://cdn1.img.sputnikglobe.com/img/107688/94/1076889494_0:95:1921:1175_1920x0_80_0_0_167f5f8030730774dced9086fd28d8ea.jpg
"VIRGIL GRIFFITH, a US citizen, pled guilty to conspiring to violate the International Emergency Economic Powers Act by providing services to the Democratic People’s Republic of Korea including technical advice on using cryptocurrency and blockchain technology to evade sanctions," the Justice Department said in a press release.The release said Griffith is a cryptocurrency expert and as early as 2018 worked to provide services to individuals in North Korea by developing and funding cryptocurrency infrastructure in the country for the purpose of evading US sanctions.Griffith, who lived in Singapore, traveled to North Korea in 2019 despite the US Department of State denying him permission to travel to the country, the release said. While in North Korea, Griffith attended a conference in Pyongyang to provide instruction on how North Korea could use cryptocurrency and blockchain technology to launder money and avoid US sanctions, the release said.Griffith will be sentenced on January 18, 2022, the release said.
north korea
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2021
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
News
en_EN
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
sanctions, guilty plea, cryptocurrency, north korea, singapore, blockchain, us
sanctions, guilty plea, cryptocurrency, north korea, singapore, blockchain, us
US Citizen Pleads Guilty to Helping North Korea Evade Sanctions
22:04 GMT 27.09.2021 (Updated: 13:24 GMT 06.08.2022) WASHINGTON (Sputnik) - An American citizen pleaded guilty in US court for agreeing to help North Korea evade US sanctions through cryptocurrency services, the Department of Justice said on Monday.
"VIRGIL GRIFFITH, a US citizen, pled guilty to conspiring to violate the International Emergency Economic Powers Act by providing services to the Democratic People’s Republic of Korea including technical advice on
using cryptocurrency and blockchain technology to evade sanctions," the Justice Department said in a press release.
The release said Griffith is a cryptocurrency expert and as early as 2018 worked to provide services to individuals in North Korea by developing and funding cryptocurrency infrastructure in the country for the purpose of evading US sanctions.
Griffith, who lived in Singapore, traveled to North Korea in 2019 despite the US Department of State denying him permission to travel to the country, the release said. While in North Korea, Griffith attended a conference in Pyongyang to provide instruction on how North Korea could use cryptocurrency and blockchain technology to launder money and avoid US sanctions, the release said.
Griffith will be sentenced on January 18, 2022, the release said.
