RATE Group | No Bail for Ethereum Researcher Turned North Korea Advisor Following Incriminating Texts
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No Bail for Ethereum Researcher Turned North Korea Advisor Following Incriminating Texts

27 Dec No Bail for Ethereum Researcher Turned North Korea Advisor Following Incriminating Texts

Posted at 19:05h in Ethereum News by

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Ethereum Foundation researcher Virgil Griffith has reportedly been denied bail in New York. Currently detained, Griffith is appealing the action. 

“Griffith was presented yesterday and ordered detained,” James Margolin, the chief public information officer for the U.S. Attorney’s Office in Southern District of New York, told Cointelegraph in an email on Dec. 27.

“He is appealing and there will be [a] hearing before Judge Broderick,” Margolin said, naming Jan. 9 as the preliminary hearing date. 

The U.S. District Court for the Southern District of New York (SDNY) rejected the option of bail for Griffith, a report from Inner City Press detailed on Dec. 26. 

Griffith first faced arrest on Nov. 28 for allegedly traveling to North Korea to provide education on dodging sanctions via blockchain and crypto, Cointelegraph reported at the time. According to the state department’s allegations, Griffith’s actions breached the International Emergency Economic Powers Act…

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