USA v. Virgil Griffith: What We Know (and Don’t) in the Bombshell Crypto Sanctions Case
Prosecutors appear to have a strong case against Virgil Griffith, the ethereum developer charged with conspiring to aid North Korea, legal experts say.
If you assist a ransomware victim in paying out to cyber attackers, you could end up facing civil penalties, OFAC says.
The pair is accused of having stolen $16.8 million from customers of three different crypto exchanges, including two in the U.S.
The motion, filed by Brian Klein, claims the indictment of Griffith doesn't "specify any alleged overt facts," and contains no actual allegation of fact.
The U.S. Treasury Department Office of Foreign Asset Control has added three Russian nationals and a host of cryptocurrency addresses to its sanctions list.
The U.S. Office of Foreign Asset Control has sanctioned four Chinese residents, claiming they helped launder drug proceeds using bitcoin.