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Former Ethereum Dev Virgil Griffith Convicted of North Korea, Enters Plea Agreement for .5.5 Years: Report – Bitcoin News


The trial of former Etherium developer Virgil Griffith began in the South District of New York Court on September 2, 2021 at 3:30 a.m. (EST). Griffith was sentenced to 20 years in prison for discussing blockchain technology in North Korea. , Griffith pleaded guilty and granted an application for imprisonment for up to six and a half years.

Former Ethereum Dev has pleaded guilty

Virgil Griffith appeared in court today and about an hour into the trial, the defendant pleaded guilty in a clear plea. The former Etherium developer was accused of speaking at a blockchain conference in North Korea.

The U.S. government has accused Griffith of providing “highly technical information to North Korea” and “could help North Korea avoid money laundering and sanctions.” While Griffith was awaiting trial, he was under house arrest and lived with his parents.

However, at the end of July, Griffith was found to have violated his bail conditions and was taken into custody. At the time, Griffith complained that his mother had signed a Coinbase account owned by him but was prevented from using it.

On Monday, Griffith appeared in the South District of New York’s Courthouse and Ethan LuA journalist spoke of the guilty plea. Lu then added around 10:30 a.m. (EST) that Griffith had pleaded guilty and was a journalist Said:

Virgil Griffith has pleaded guilty to a surprising development. Application for imprisonment up to 6.5 years. The judge will sentence him on January 13 next year.

“Virgil was quite emotional. Deep sighs occasionally when he spoke. It is not clear what new developments led to this guilty plea. The papers were signed only yesterday. One possible reason is the ban on the remote testimony of an Etherium Foundation lawyer, ”Lu added. Tweeted Monday morning.

Matthew Russell Leo of Inner City Press was Reporting During the trial and he discussed Griffith’s application agreement in a podcast on Monday morning.

Griffith sought legal advice to explain that he ‘did not try to help North Korea’

In the initial indictment, U.S. Attorney Geoffrey S. Berman explained that “Griffith endangered the sanctions imposed by both Congress and the President in order to exert maximum pressure on North Korea’s dangerous regime.” Ethan Lou noted in his last tweet that Griffith tried to get advice to prove how he didn’t help the country.

“[The] Wanted defense [a] The lawyer testified that Virgil tried to get legal advice and in the end did not actually try to help North Korea. [The] However, he was a lawyer based in Singapore [an] Travel problems due to the epidemic, ”Lu said Said.

What do you think of reports that Griffith has been convicted and granted a six-and-a-half year prison sentence? Let us know what you think about this in the comments section below.

Tags in this story

Bail, Blockchain Technology, Coinbase, Coinbase Account, Court, DPRK, ETH, Ethereum, Ethereum Foundation, Flight Risk, Geoffrey S. , Approval, SDNY, Virgil Griffith, Virgil Griffith Bail, Virgil Griffith Bond

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