A US computer researcher has appeared in court accused of advising North Korea how to use cryptocurrency to avoid sanctions.
Virgil Griffith, 36, who lives in Singapore, was arrested at the Los Angeles International Airport last week. A criminal complaint against him was unsealed Friday.Griffith is a research scientist for the Ethereum Foundation, a Swiss-based cryptocurrency platform. In a statement, Ethereum told CNN Business it did not approve or support Griffith's travel to North Korea. .
The IEEPA prohibits US citizens from exporting goods, services or technology to other countries without a license from the Department of Treasury. North Korea is specifically mentioned as a threat in executive orders.The US Attorney's Office alleges that Griffith traveled to North Korea through China in April to attend the Pyongyang Blockchain and Cryptocurrency Conference without approval of Treasury and despite being denied permission by the US State Department to travel to the country.
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