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Benzinga
Benzinga
Business
Adrian Zmudzinski

Don't Teach Crypto In North Korea: Former Ethereum Developer Sentenced To Over 5 Years In Prison

Former Ethereum (CRYPTO: ETH) developer Virgil Griffith was sentenced to over five years in prison and was ordered to pay a $100,000 fine for teaching how to use cryptocurrencies in North Korea.

What Happened: Griffith pleaded guilty to one count of conspiracy to violate international sanctions after he gave a talk at a cryptocurrency conference in Pyongyang in 2019 and received a 63-month sentence, according to a Wednesday Coindesk report. Griffith was arrested in November 2019 and pleaded guilty in September 2021.

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