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US Government Sanctions Two Chinese Nationals in Connection With Lazarus Group Hack

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two Chinese nationals accused of laundering cryptocurrency that was stolen in a 2018 crypto exchange hack. At the same time, the Department of Justice announced an indictment for money laundering against the same two individuals.Their activity

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USA vs. Virgil Griffith: What We Know (and Don’t) in the Bombshell Crypto Sanctions Case

Prosecutors appear to have a strong case against Virgil Griffith, the ethereum developer charged with conspiring to aid North Korea, legal experts say.For one thing, the mere act of giving a presentation in Pyongyang might have violated the U.S. Treasury Department Office of Foreign Assets Control’s (OFAC) sanctions, depending on

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Virgil Griffith Pleads Not Guilty to Evading U.S. Sanctions in North Korea Jaunt

Ethereum developer Virgil Griffith entered a plea of not guilty Thursday afternoon in a Southern District of New York courthouse. Griffith is charged with conspiring to violate the International Emergency Economic Powers Act after traveling to North Korea (DRPK) in April 2019 to attend a cryptocurrency conference. If convicted, Griffth,

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Ethereum Dev Virgil Griffith Pleads Not Guilty to Violating North Korea Sanctions

Ethereum developer Virgil Griffith pleaded not guilty to a charge of conspiracy to violate the International Emergency Economic Powers Act on Thursday. Griffith was arrested in November on allegations he spoke at a cryptocurrency conference in North Korea last year, where he allegedly taught his audience how to use cryptos to

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US Citizen Accused of Helping North Korea to Evade Sanctions with Crypto

Virgil Griffith, a US citizen and a programmer, has been accused of violating International Emergency Economic Powers Act (“IEEPA”).The accusation comes after Virgil allegedly traveled to North Korea to deliver a presentation about how the country can use cryptocurrency and blockchain technology to move around all the sanctions that have

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