United state authorities arrest Virgil Griffith because he teching about crypotcurrency and blockchain

in #cryptocurrency5 years ago (edited)

on November 29, 2019, Virgil Griffith, resident of Singapore and U.S. citizen, was arrested for a criminal complaint where he was charged with violating, “…the International Emergency Economic Powers Act (“IEEPA”) by traveling to the Democratic People’s Republic of Korea (“DPRK” or “North Korea”) in order deliver a presentation and technical advice on using cryptocurrency and blockchain technology to evade sanctions.
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“Mr. Griffith allegedly traveled to North Korea without permission from the federal government, and with knowledge what he was doing was against the law. We cannot allow anyone to evade sanctions, because the consequences of North Korea obtaining funding, technology, and information to further its desire to build nuclear weapons put the world at risk. It’s even more egregious that a U.S. citizen allegedly chose to aid our adversary.”

In this case, Griffith is specifically accused of traveling to North Korea (DPRK) in April 2019 to attend and present at the “Pyongyang Blockchain and Cryptocurrency Conference” (the “DPRK Cryptocurrency Conference”), even though the U.S. Department of State had denied Griffith permission to travel to the DPRK. Griffith presented at the DPRK Cryptocurrency Conference, knowing that doing so violated sanctions against the DPRK and at no time did Griffith obtain permission from OFAC to provide goods, services, or technology to the DPRK.
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