RATE Group | US says cryptocurrency expert violated North Korea sanctions
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US says cryptocurrency expert violated North Korea sanctions

30 Nov US says cryptocurrency expert violated North Korea sanctions

Posted at 20:27h in Cryptocurrency News by

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NEW YORK (AP) — Federal prosecutors have charged a cryptocurrency expert with violating economic sanctions against North Korea by presenting at a conference there this year after the U.S. government denied his request to travel to Pyongyang.

Virgil Griffith, 36, was awaiting a federal court appearance Friday in Los Angeles, a day after he was arrested at Los Angeles International Airport.

Griffith is an American citizen but lives in Singapore. Messages were sent to Griffith’s defense attorney seeking comment.

Federal prosecutors said Griffith secured a visa through “a (North Korean) diplomatic mission facility” in Manhattan for 100 euros and then traveled to the country through China in April.

A request for comment was sent to North Korea’s United Nations mission in New York.

At the conference, Griffith talked about how North Korea could use cryptocurrency to “achieve independence from the global banking system,” according to a criminal complaint.

The…

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