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Ethereum developer Virgil Griffith has been indicted by a grand jury for conspiracy to violate the International Emergency Economic Powers Act (IEEPA) after speaking at a cryptocurrency conference hosted by the North Korean government last April. Griffith was initially arrested on Thanksgiving at Los Angeles Internation Airport after FBI Special Agent
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Ethereum developer Virgil Griffith has been indicted over allegations relating to a conference appearance in North Korea last April.In a court document filed in the Southern District of New York on Jan. 7 (see below), Griffith is charged by a grand jury with one count of conspiracy to violate the
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The United States District Court for the Southern District of New York has filed an indictment against Ethereum Foundation researcher Virgil Griffith on Jan. 7.According to a court filing on Jan. 7, a federal grand jury charged Griffith with conspiracy to violate the International Emergency Economic Powers Act.The act
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Cryptocurrency and taxation laws are creating a great deal of confusion in South Korea.On Dec. 30, South Korea’s government stated that under current law, it cannot impose income taxes on individuals’ profits from transactions of cryptocurrency. This, however, contrasts with the National Tax Service’s recent imposition of an 80
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Virgil Griffith, a tech expert who was arrested last month for travelling to a cryptocurrency conference in North Korea and allegedly provided sensitive information regarding the technology to the country, has been granted $1 million bail and is expected to be released shortly from jail.Griffith had initially been denied bail
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After having been denied bail on Dec. 26, Ethereum foundation researcher Virgil Griffith has now been released on a $1 million bond on the condition that he stay out of California.On Dec. 30, the Inner City Press reported that the 36-year-old Griffith has been released after a bail appeal
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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 CryptoX in an email
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South Korea's central bank, the Bank of Korea (BOK), plans to organize a task force dedicated to central bank digital currency (CBDC) research in the new year.In its “Monetary Policy for 2020” brief, published on Dec. 27, BOK said it would continue to build on its existing research into
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South Korea’s Ministry of Economy and Finance has declared that from next year, it will be introducing new measures to impose taxes on cryptocurrency holdings. This move comes after South Korea has already established a legal framework for crypto.According to new regulations by the South Korean government, the country will
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Virgil Griffith, a US citizen, a programmer and a cryptocurrency expert, was arrested last week on the grounds of aiding North Korea in violating international sanctions placed on the country.Now, new report indicates that he had previously told his peers about his plans to arrange a shipment of crypto mining
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