11-30-2019, 09:18 AM
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According to a press release from the Department of Justice on November 29, 2019, Virgil Griffith, resident of Singapore and U.S. citizen, was arrested for a criminal complaint where he was charged with violating, “…the International Emergency Economic Powers Act (“IEEPA”) by traveling to the Democratic People’s Republic of Korea (“DPRK” or “North Korea”) in order deliver a presentation and technical advice on using cryptocurrency and blockchain technology to evade sanctions.
In this case, Griffith is specifically accused of traveling to North Korea (DPRK) in April 2019 to attend and present at the “Pyongyang Blockchain and Cryptocurrency Conference” (the “DPRK Cryptocurrency Conference”), even though the U.S. Department of State had denied Griffith permission to travel to the DPRK. Griffith presented at the DPRK Cryptocurrency Conference, knowing that doing so violated sanctions against the DPRK and at no time did Griffith obtain permission from OFAC to provide goods, services, or technology to the DPRK."
Read more at Forbes
Ermahgerd!!1! The Norks are gonna keel us!
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