RATE Group | Here’s why the FBI arrested a cryptocurrency developer for speaking in North Korea
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Here’s why the FBI arrested a cryptocurrency developer for speaking in North Korea

05 Dec Here’s why the FBI arrested a cryptocurrency developer for speaking in North Korea

Posted at 04:18h in Cryptocurrency News by

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Is cryptocurrency enthusiast Virgil Griffith a friendly unofficial liaison to North Korea à la Dennis Rodman, or is he a criminal helping North Korea evade United States sanctions?

The 36-year-old cryptocurrency developer, whose life story reads like the screenplay to a thriller, has been making headlines since his arrest on Thanksgiving — purportedly for giving a talk to North Koreans on how to launder money via cryptocurrency. Yet it is unclear still whether Griffith is some kind of anti-imperialist folk hero, a traitor to his country, or just a hapless techie caught up in something way bigger than himself.

Here’s what we know: On November 28, Griffith was arrested at Los Angeles International Airport. It is unclear why he was in Los Angeles; as an American living in Singapore, he could have been traveling for the holidays to the United States. Formally, he was arrested because of a trip he made to North Korea in April 2019.

According to a criminal complaint filed by the…

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