2 Europeans Charged With Conspiracy in Virgil Griffith's North Korea Crypto Sanctions Case

Earlier this month, Griffith, an Ethereum developer, was sentenced to five years in prison for helping North Korea evade sanctions with crypto.

Apr 25, 2022 at 5:04 p.m. UTC
Updated Apr 25, 2022 at 5:58 p.m. UTC

Federal prosecutors on Monday announced charges against two Europeans who allegedly conspired with Virgil Griffith to help North Korea use crypto to evade sanctions.

Alejandro Cao de Benos, a Spainard, and British citizen Christopher Emms provided information about cryptocurrency to attendees of the 2019 Pyongyang Blockchain and Cryptocurrency Conference, according to a press release from the U.S. attorney's office of the Southern District of New York.

The charges follow Ethereum developer Griffith’s sentencing to five years in prison earlier this month and come as the U.S. government is paying more attention to North Korea's brazen alleged hacks of crypto projects worldwide.

“The United States will not allow the North Korean regime to use cryptocurrency to evade global sanctions designed to thwart its goals of nuclear proliferation and regional destabilization,” Assistant Attorney General Matthew G. Olsen said in the press release.

The Department of Justice didn't immediately respond to a request for comment.

The Festival for the Decentralized World
Thursday - Sunday, June 9-12, 2022
Austin, Texas
Save a Seat Now

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Trending

1
CoinDesk - Unknown
CoinDesk Cardano Price Index (ADX)

CoinDesk - Unknown
2
CoinDesk - Unknown
CoinDesk Smart Contract Platform Select Index (SCPX)

CoinDesk - Unknown
3
CoinDesk - Unknown
First Mover Asia: KuCoin Plans to Bolster DeFi Activity on Its Blockchain After $150M Raise; Cryptos Gain

The crypto exchange will add technical features to support developers and build on KuCoin's public blockchain; bitcoin outperforms ether.

The crypto exchange will add technical features to support developers and build on KuCoin's public blockchain; bitcoin outperforms ether.

CoinDesk - Unknown
4
CoinDesk - Unknown
CFTC Charges 2 Men With Running a $44M Crypto Ponzi Scheme

Sam Ikkurty and Ravishankar Avadhanam are accused of using YouTube videos to dupe would-be clients into investing in various crypto funds.

Sam Ikkurty and Ravishankar Avadhanam are accused of using YouTube videos to dupe would-be clients into investing in various crypto funds.

CoinDesk - Unknown