Virgil Griffith, the Ethereum programmer, was sent to prison. What is the claimant? He violated his bail conditions. He tried to access the Coinbase exchange for his funds.
U.S. District Judge Kevin Castel issued the arrest warrant. Griffith had allegedly tried to access Ethereum funds. He is now likely to spend two more months in prison.
The hearing at the court will not be held until September 21. He is accused of conspiring with North Korea to avoid the American sanctions. He could spend up to 20 years behind bars.
Law360 reports that Judge Castel concluded there was a danger of an ethereum programmer fleeing. His assets can be worth up to a million dollars. He tried to access them via Coinbase.
Griffith was arrested by the authorities on July 9 after he violated his bail conditions. These included restrictions on Griffith’s use of the Internet and m.in.
Coinbase was contacted by the programmer to disable security on his account. Two-factor authentication was a feature he wanted to cease working. Plaintiff? Plaintiff?
According to the defense, the attempt to access Coinbase was not made by a developer but by his family from Alabama. However, this was at his request.
Ethereum programmer arrested early in november
Griffith was arrested in November 2019 and was taken into custody on January 7, 2020. The prosecution alleges that Griffith was involved in a conspiracy to violate the International Law on Extraordinary Economic Powers.
Federal authorities believe Griffith supported North Korea’s efforts to impose U.S. restrictions. Griffith appeared in Pyongyang at a Blockchain conference in April 2019 as well.
Griffith filed a motion to discredit the conspiracy allegations in October 2020. Griffith claimed his April 2019 conference presentation contained publicly accessible information and that he did not provide “service to” North Korean officials. The argument was rejected by the U.S. Government lawyers the next month.
Read Also: U.S. Senators Reject The Use Of Digital Yuan At Beijing Olympics
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.
Comments are closed.