Virgil Us North Koreanligoncoindesk

Ethereum’s Virgil Griffith Arrested for Links with North Korea

In a big breaking news, Virgil Griffith pledged guilty to the charges that are leveled against him for visiting North Korea. It is believed that Virgil Griffith was in North Korea to attend a blockchain conference. Notably, Virgil Griffith is very closely associated with Ethereum Foundation. One of the independent authors, Ethan Lou, who was also on a North Korean visit, has published the details about the same.

What is Virgil Us North Koreanligoncoindesk ?

Ethan Lou was attending a cryptocurrency conference in North Korea. It comes as a surprise that North Korea quickly adopted the cryptocurrency network. In multiple acquisitions, it has been stated that a team of hackers in North Korea are involved in many cybercrimes. They are accused of stealing digital assets like cryptocurrency coins. Such a network helps North Korea in overcoming the sanctions. The sanctions on North Korea are very important for the security of the world as North Korea has been developing nuclear weapons.

Virgil Us North Koreanligoncoindesk

With such serious allegations against Virgil Griffith, he has certainly landed himself in major trouble. It is known that many people were invited to the cryptocurrency conference, but the motive of the conference is not yet known. Some experts are perplexed as to why North Korea would display its technology to the world. More details are awaited regarding Virgil Griffith’s case. So Virgil Us North Koreanligoncoindesk means Inside the North Korean Trip That Got Ethereum’s Virgil Griffith Arrested .

Things could take a different turn from here. Until now, cryptocurrency assets were not monitored, but with this, policymakers could bring more changes to the policy. They may bring cryptocurrency and exchanges under the scope of sanctions. We are unsure if North Korea is leveraging any available exchanges or if they have developed something themselves. No matter what it is, this certainly sounds dangerous. The policymakers must implement new regulations to ensure that no one bypasses these sanctions.

Lalitha

https://sitashri.com

I am Finance Content Writer . I write Personal Finance, banking, investment, and insurance related content for top clients including Kotak Mahindra Bank, Edelweiss, ICICI BANK and IDFC FIRST Bank. Linkedin

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