{"id":200231,"date":"2021-09-29T18:00:20","date_gmt":"2021-09-29T17:00:20","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=200231"},"modified":"2021-10-01T08:03:54","modified_gmt":"2021-10-01T07:03:54","slug":"what-next-as-ethereum-dev-virgil-griffith-pleads-guilty-to-north-korea-sanctions","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/what-next-as-ethereum-dev-virgil-griffith-pleads-guilty-to-north-korea-sanctions\/","title":{"rendered":"What next as Ethereum dev Virgil Griffith pleads guilty to North Korea sanctions"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Former Ethereum (<a href=\"https:\/\/cryptoslate.com\/coins\/ethereum\/\">ETH<\/a>) developer, <\/span><a href=\"https:\/\/cryptoslate.com\/people\/virgil-griffith\/\"><span style=\"font-weight: 400;\">Virgil Griffith<\/span><\/a><span style=\"font-weight: 400;\">, who was <\/span><a href=\"https:\/\/cryptoslate.com\/ethereum-researcher-virgil-griffith-denied-bail-on-charges-of-conspiring-with-north-korea\/\"><span style=\"font-weight: 400;\">charged <\/span><\/a><span style=\"font-weight: 400;\">with one count of conspiring to break the International Emergency Economic Powers Act (IEEPA), changed his plea just moments before the jury selection for his trial began in US District Court in Manhattan.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Griffith is scheduled to be sentenced next year in January, and while he faces as much as 20 years in prison, as part of his plea deal, prosecutors have agreed to seek a shorter punishment.<\/span><\/p>\n<h2><strong>Between 63 and 78 months in prison<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">After giving a crypto and blockchain presentation at a North Korean conference in 2019, Griffith <\/span><span style=\"font-weight: 400;\">was charged with conspiring to violate a federal law prohibiting US citizens from exporting goods, services, or technology to the communist country.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The last-minute plea deal to avoid the 20-year maximum sentence could see Griffith serve between 63 and 78 months in prison.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">?Just in: As his trial regarding a crypto-currency conference in North Korea was about to begin, Virgil Griffith has changed his plea to guilty. The trial won&#39;t take place and he will be sentenced in January. <a href=\"https:\/\/t.co\/uEJt3ZtqqI\">pic.twitter.com\/uEJt3ZtqqI<\/a><\/p>\n<p>&mdash; Martyn Williams (@martyn_williams) <a href=\"https:\/\/twitter.com\/martyn_williams\/status\/1442507451404800004?ref_src=twsrc%5Etfw\">September 27, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">\u201cAs he admitted in court today, Virgil Griffith agreed to help one of our nation\u2019s most dangerous foreign adversaries, North Korea.\u00a0 Griffith worked with others to provide cryptocurrency services to North Korea and assist North Korea in evading sanctions, and traveled to North Korea to do so.\u00a0 In the process, Griffith jeopardized the national security of the United States by undermining the sanctions that both Congress and the President have enacted to place maximum pressure on the threat posed by North Korea\u2019s treacherous regime,\u201d said Audrey Strauss, US attorney for the Southern District of New York, in a <\/span><a href=\"https:\/\/www.justice.gov\/usao-sdny\/pr\/united-states-citizen-pleads-guilty-conspiring-assist-north-korea-evading-sanctions\"><span style=\"font-weight: 400;\">prepared statement<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><strong>Coinbase account<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Griffith\u2019s plea deal came as a surprise since both prosecutors and Griffith\u2019s legal defense have been preparing for a trial.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">He has been in US federal custody since July when US District Judge P. Kevin Castel in Manhattan revoked his bail. <\/span><span style=\"font-weight: 400;\">His bail conditions included tough restrictions on his internet usage, which he violated when he tried to access his Coinbase holdings.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Following the guilty plea, Judge Castel made an <\/span><a href=\"https:\/\/storage.courtlistener.com\/recap\/gov.uscourts.nysd.529632\/gov.uscourts.nysd.529632.172.0.pdf\"><span style=\"font-weight: 400;\">order<\/span><\/a><span style=\"font-weight: 400;\">, allowing Griffith\u2019s lawyers to charge their fees from his Coinbase account.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former Ethereum (ETH) developer, Virgil Griffith, who was charged with one count of conspiring to break the International Emergency Economic Powers Act (IEEPA), changed his plea just moments before the jury selection for his trial began in US District Court in Manhattan. Griffith is scheduled to be sentenced next year in January, and while he [&hellip;]<\/p>\n","protected":false},"author":699,"featured_media":200233,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[76128],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What next as Ethereum dev Virgil Griffith pleads guilty to North Korea sanctions<\/title>\n<meta name=\"description\" content=\"Ethereum dev Virgil Griffith, who was charged with conspiring to violate a federal law made a last-minute change to his plea.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/what-next-as-ethereum-dev-virgil-griffith-pleads-guilty-to-north-korea-sanctions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What next as Ethereum dev Virgil Griffith pleads guilty to North Korea sanctions\" \/>\n<meta property=\"og:description\" content=\"Ethereum dev Virgil Griffith, who was charged with conspiring to violate a federal law made a last-minute change to his plea.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/what-next-as-ethereum-dev-virgil-griffith-pleads-guilty-to-north-korea-sanctions\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-29T17:00:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-01T07:03:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/09\/virgil-griffin-case.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ana Grabundzija\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ana Grabundzija\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/what-next-as-ethereum-dev-virgil-griffith-pleads-guilty-to-north-korea-sanctions\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/what-next-as-ethereum-dev-virgil-griffith-pleads-guilty-to-north-korea-sanctions\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/ana-grabundzija\/#person\",\"name\":\"Ana Grabundzija\",\"url\":\"https:\/\/cryptoslate.com\/author\/ana-grabundzija\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/ana-grabundzija\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/ana-grabundzija\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/05\/cs-author-ana-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/05\/cs-author-ana-300x300.jpg\",\"caption\":\"Ana Grabundzija\"},\"jobTitle\":\"Journalist\",\"description\":\"Dr. Ana Grabundzija is a Zagreb-bred writer with an academic background in anthropology. 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In her Ph.D., she focused on the diffusion and adoption of new technologies. Her research on the spread of technological innovation in ancient societies led to a modern-day fascination with crypto and it\u2019s real-time evolution. She is currently based in Berlin immersed in the vibrant scenes of both Crypto and Techno.","url":"https:\/\/cryptoslate.com\/author\/ana-grabundzija\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/200231"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/699"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=200231"}],"version-history":[{"count":4,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/200231\/revisions"}],"predecessor-version":[{"id":200420,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/200231\/revisions\/200420"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/200233"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=200231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=200231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=200231"},{"taxonomy":"prediction_market_topic","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/prediction_market_topic?post=200231"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=200231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}