Ethereum developer arrested for trying to verify crypto account

Virgil Griffith, a developer arrested in 2019 for allegedly trying to help North Korea circumvent US sanctions, was arrested again for violating his bail terms.

A $ 1 million bail was issued on Griffith after he was initially denied bail. Part of his bail requirement was that he would remain under house arrest in Alabama and not access his crypto accounts.

Apparently, the Ethereum Foundation researcher couldn’t help but check his crypto wallets. And now the U.S. Attorney’s Office is planning to revoke Griffith’s bail after attempting to access his crypto account on Coinbase through a third party – his mother.

Virgil Griffith was surrounded by two US marshals and took off his belt before he was taken to the holding cell. When asked by the press, his lawyer, Mr. Klein, said he had no comment. Virgil’s father, whom Inner City Press had spoken to earlier, nodded. Podcast coming soon

– Inner City Press (@innercitypress) July 20, 2021

The pre-trial detention was pronounced by the US District Judge P. Kevin Castel.

Griffith is due to be tried on Sept. 21 before he could spend the next two months in custody.

He was previously charged with conspiracy to violate the International Emergency Economic Power Act and could face up to 20 years in prison if found guilty.

Federal Agencies Believe He Helped North Korea Use Cryptocurrencies For Money Laundering To Avoid US Sanctions; that was after a conference in Pyongyang in April 2019.

Griffith’s attorney argued it was all a misunderstanding, and Griffith, who is a Ph.D. California Institute of Technology owner of Computation and Neural Systems wouldn’t really need his mother to access his accounts.

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