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Ethereum researcher, Virgil Griffith, released from prison, moves to Halfway House

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  • virgil griffith, released from the slammer, halfway house vibes ๐Ÿ˜‚๐Ÿ  what a journey from a north korea blockchain conference

    lmfao virgil griffith out of the big house and into the halfway house, the ultimate crypto saga continues with more twists and turns than

    virgil griffith out of prison and into halfway house on parole?! … blockchain bro wildin

    Ethereum researcher, Virgil Griffith, was released from the federal prison and transferred to a transitional house, confirmed officials of the Bureau of Prisons on April 9, 2025.

    According to Crypto Brantly Millegan developerGriffith should stay in the house halfway for several weeks as he finishes the following stages of its parole process.

    His case, which started with his arrest in 2019 for having presented a blockchain conference in North Korea, has become one of the most publicized legal incidents involving a blockchain developer and the US government.

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    Griffith arrested for blockchain conference which would have helped the sanctions of North Korea Evasion

    Griffith was Originally arrested After giving a conference in Pyongyang. The American authorities said that the conference had provided “highly technical information” on blockchain technology. In addition, it could potentially help North Korea to escape us Sanctions.

    The US government accused Griffith of having violated the International Economic Economic Powers (IEEPA).

    Limited ieepa American citizens were engaged in unauthorized economic interactions with foreign opponents.

    While Griffith’s presentation included information easily available online, the government argued that sharing it directly with a sanctioned regime was still a legal violation.

    In January 2020, a large jury charged him for conspiracy under the ieepa. Originally pleading not guilty, the defense of Griffith tried to reject the case, arguing that his actions did not violate the law.

    In September 2021, after almost two years of legal proceedings, Griffith accepted a advocacy agreement. He admitted to having violated the laws on American sanctions. He was sentenced in April 2022 to 63 months in prison and sentenced to a fine of $ 100,000.

    The efforts to reduce his sentence followed. In April 2024, Griffith’s legal team filed a request for penalties. The advocacy encountered the opposition of federal prosecutors who argued that his actions pose a risk of national security.

    Despite this, judge Kevin Castel granted a reduction in sentences in July 2024. Griffith’s prison sentence was shortened to 56 months.

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    Inside the crypto of dollars in North Korea: financing of nuclear weapons in shadows

    North Korea has taken the crypto hack at a level sponsored by the stateWith its Lazare group, would have stolen billions of digital assets to support its strongly sanctioned economy and nuclear weapons program.

    In a major Incident in February 2025, Lazarus stole $ 1.5 billion at Crypto Exchange bybit, employing sophisticated tactics such as false job offers, malicious applications and multiple money laundering to escape detection.

    Since 2017, the regime has reportedly made more than 50 similar attacks, accumulating nearly $ 3 billion in illegal crypto.

    Despite certain acts of accusation and public warnings of the American authorities, the application of sanctions and the recovery of stolen funds remain a massive challenge due to the anonymous and decentralized nature of crypto.

    In addition to cyber attacks, North Korea also uses forged documents and convoluted commercial roads to acquire a sensitive nuclear technology, highlighting the growing dependence of the regime with regard to unconventional tools to maintain and advance its ambitions of arms.

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    Main to remember

    • Ethereum researcher Virgil Griffith was released from prison and moved to a transitional house as part of his parole process.
    • Griffith was arrested in 2019 for giving a blockchain conference in North Korea, violating US sanctions laws.
    • After a plea agreement and a reduction in sentences, it is now serving The final phase of his 56 -month sentence.

    Post Ethereum researcher, Virgil Griffith, was published in prison, moving to Halfway House appeared first on 99Bitcoins.

    Source link

    post url: https://altcoin.observer/ethereum-researcher-virgil-griffith-released-from-prison-moves-to-halfway-house/

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