Crypto’s impact on sanctions: Are regulators’ concerns justified?
Cryptocurrencies, including CBDC’s, have now become a part of the narrative on sanctions due to high adoption. Go to Source Powered by WPeMatico
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ETH developer pleads guilty for conspiracy to violate sanctions laws
The plea deal ends a nearly two-year legal battle between Griffith and U.S. prosecutors tied to a presentation the developer gave in Pyongyang. Go to Source Powered by WPeMatico
Former Ethereum Dev Virgil Griffith Pleads Guilty to North Korea Charge, Enters Plea Deal for 6.5 Years: Report
On September 27, 2021, at the Southern District of New York courthouse, the trial against former Ethereum developer Virgil Griffith started at 9:30 a.m. (EST). Griffith was facing 20 years behind bars for discussing blockchain technology in North Korea. Around 10:30 a.m., Griffith pleaded guilty and accepted a plea deal with up to six and … Read more
Financial Warfare: Afghan Central Bank’s $10B Confiscated by US, Biden Halts USD Shipments to Afghanistan
The war in Afghanistan has been an extremely long conflict since the United States invaded the country in 2001, in order to drive the Taliban from power. After a messy exit, the U.S. occupation in Afghanistan has been compared to mistakes made during the Vietnam War. Now that U.S. forces have left Kabul in great … Read more
Former Ethereum Developer Virgil Griffith Arrested for Signing Into His Coinbase Account: Report
According to reports stemming from investigative journalist Matthew Russell Lee, from Inner City Press, former Ethereum developer Virgil Griffith has violated the terms of his bail and has been taken into custody. According to the reports, the U.S. Attorney’s Office revoked Griffith’s bond because he allegedly tried to access the crypto exchange Coinbase. Report Says … Read more
ETH developer Virgil Griffith back in jail after allegedly checking Coinbase account
Griffith will likely spend the next two months in jail before his trial in September. Go to Source Powered by WPeMatico
North Korean Hackers Threatened Bithumb Exchange With a $16M Ransom Amid the 2017 Data Breach, Says Report
A new report commissioned by the U.S. secret services unveiled what happened behind the attack launched by North Korean hackers against a South Korean crypto exchange. The case is about a breach on June 29, 2017, which exposed data tied to over 30,000 customers stemming from Bithumb. Hackers Threatened to ‘Destroy’ Data and Cryptos Stolen … Read more
US Government Expands Charges Against North Korean Hackers- Authorities Describe Them as The ‘World’s Leading Bank Robbers’
The U.S. Department of Justice (DOJ) unsealed new charges against the North Korean state-sponsored Lazarus Group. The hackers are allegedly responsible for stealing over $1.3 billion in cryptocurrencies and fiat during coordinated cyber-heists. North Korean Hackers Also Developed and Deployed Malicious Crypto Apps According to the announcement, law enforcement expanded charges to Park Jin Hyok, … Read more
US charges three North Korean hackers over crypto attacks and WannaCry ransomware
The Department of Justice has indicted three hackers affiliated with the infamous Lazarus Group. Go to Source Powered by WPeMatico
Law Decoded: Of ICBMs, BTC and ETFs, Feb. 5–12
Exploring where national security meets securities offerings in this week’s crypto news. Go to Source Powered by WPeMatico
