May 16, 2021

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U.S. researcher pleads not guilty to North Korea sanctions-busting conspiracy

Virgil Griffith accused of violating International Emergency Economic Powers Act, could face up to 20 years in jail

An American blockchain researcher formally indicted earlier this year on accusations that he conspired to violate U.S. sanctions on North Korea pled not guilty in a New York court on Thursday.

Virgil Griffith was arrested last November, charged with violating the International Emergency Economic Powers Act by delivering a lecture on cryptocurrency at a conference in Pyongyang, as well as subsequently conspiring with others to further assist the DPRK in skirting sanctions.