RATE Group | Virgil Griffith has been granted bail in North Korea case
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Virgil Griffith has been granted bail in North Korea case

02 Jan Virgil Griffith has been granted bail in North Korea case

Posted at 12:41h in Ethereum News by

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  • Ethereum researcher Griffith will be allowed to return to Alabama with his parents as “moral suasion.” 
  • He was arrested earlier for violations of the International Emergency Economic Powers Act.

Virgil Griffith, an Ethereum research scientist, who was earlier arrested for allegedly helping North Korea in bypassing US sanctions, is to be released soon on bail. Judge Vernon Broderick of the US District Court for the Southern District of New York granted Griffith bail on Monday, as per an Inner City Press report. 

According to the report, Griffith’s bail is conditioned on his family had secured a $1 million bond and he will be permitted to return to Alabama with his parents as “moral suasion.” Griffith was denied bail a few days back due to the text messages he sent to his parents about renouncing his US citizenship and starting a money laundering business in North Korea.

Brian Klein, Griffith’s lawyer, argued in the court that Griffith did not…

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