Prosecutors: Noted American coder taught North Korea how to evade sanctions with cryptocurrency

Singapore News News

Prosecutors: Noted American coder taught North Korea how to evade sanctions with cryptocurrency
Singapore Latest News,Singapore Headlines
  • 📰 YahooNews
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 59%

American programmer Virgil Griffith has been criminally charged for traveling to North Korea to teach cryptocurrency and blockchain technology.

A U.S. programmer known as"Romanpoet" has been criminally charged for traveling to North Korea to teach cryptocurrency and blockchain technology to evade economic sanctions, the Department of Justice announced Friday.

In April of this year, Griffith gave a presentation called"Blockchain and Peace" at the Pyongyang Blockchain and Cryptocurrency Conference, despite that fact that the State Department had denied him permission to travel to North Korea, according to the federal complaint. Griffith was also planning to facilitate the exchange of cryptocurrency between North and South Korea, the complaint says. He encouraged other U.S. citizens to travel to North Korea, intended to renounce his U.S. citizenship and began researching how to purchase citizenship from other countries, the complaint says.

Story continuesIn a profile in the New York Times Magazine in 2008, writer Virginia Heffernan referred to Griffith as a"troublemaker,""twerp" and "magnet for tech-world groupies."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooNews /  🏆 380. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

A cryptocurrency expert was charged with helping North Korea evade sanctions after blockchain talk in PyongyangA cryptocurrency expert was charged with helping North Korea evade sanctions after blockchain talk in PyongyangProsecutors alleged Virgil Griffith described how North Korea could 'launder money and evade sanctions' with cryptocurrency.
Read more »

North Korea fires two 'unidentified projectiles' on ThanksgivingNorth Korea fires two 'unidentified projectiles' on ThanksgivingThe projectiles were fired eastwards from South Hamgyong province and came down in the Sea of Japan, also known as the East Sea, South Korea's Joint Chiefs of Staff says.
Read more »

North Korea may deploy ‘super-large’ rocket launcher soonNorth Korea may deploy ‘super-large’ rocket launcher soonSEOUL, South Korea (AP) — North Korea said Friday the latest test-firing of its “super-large” multiple rocket launcher was a final review of the weapon’s combat application, a suggestion that the...
Read more »

Seoul says North Korea has fired 2 unidentified projectilesSeoul says North Korea has fired 2 unidentified projectilesNorth Korea on Thursday fired two short-range projectiles, likely from a “super-large” multiple rocket launcher, South Korea’s military said.
Read more »

North Korea may deploy ‘super-large’ rocket launcher soonNorth Korea may deploy ‘super-large’ rocket launcher soonNorth Korea says the latest test-firing of its “super-large” multiple rocket launcher was a final review of its combat application
Read more »

Cryptocurrency expert accused of assisting North Korea in evading sanctionsCryptocurrency expert accused of assisting North Korea in evading sanctionsA cryptocurrency expert is accused of traveling to North Korea and delivering a presentation on technology that could help the country evade sanctions, federal prosecutors say.
Read more »



Render Time: 2025-03-13 18:42:11