Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    HSBC Orion to launch MENA’s first digitally native bond with ADX and FAB

    July 4, 2025

    Detroit sues real estate tokenization firm RealToken over 400 blighted properties

    July 4, 2025

    AGII Refines Sync Performance Across Chains to Boost Response Efficiency

    July 4, 2025
    Facebook X (Twitter) Instagram
    Cryptify Now
    • Home
    • Features
      • Typography
      • Contact
      • View All On Demos
    • Typography
    • Buy Now
    X (Twitter) Instagram YouTube LinkedIn
    Cryptify Now
    You are at:Home » Ethereum developer Virgil Griffith released early from prison 
    Crypto

    Ethereum developer Virgil Griffith released early from prison 

    James WilsonBy James WilsonApril 9, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Ethereum developer and early contributor Virgil Griffith has been granted early release from prison after serving nearly five years for violating U.S. sanctions on North Korea.

    Griffith, 41, was arrested in 2019 following a controversial trip to North Korea, where he gave a presentation at a cryptocurrency conference in Pyongyang. U.S. prosecutors alleged that his talk, titled “Blockchain for Peace,” explained how the country could use crypto to evade sanctions and launder money.

    Griffith pleaded guilty in 2021 to one count of conspiracy to violate the International Emergency Economic Powers Act and was sentenced to 63 months in prison and a $100,000 fine in 2022.

    VIRGIL GRIFFITH IS OUT OF PRISON!!!

    just released this morning! he’ll be in a halfway house for a few weeks, and parole after that with work restrictions (so a pardon is still important), but HE IS OUT 🙏🙏🙏🙏🙏🙏🙏🙏 pic.twitter.com/Q4jRZmryGk

    — brantly.eth (@BrantlyMillegan) April 9, 2025

    On July 16, U.S. District Judge Kevin Castel reduced Griffith’s sentence to 56 months, effective August 2, citing his lack of prior criminal history and the hardships he endured while in custody. While acknowledging Griffith’s disciplinary infractions in prison, the judge noted that the threat he poses to the public has “somewhat dissipated.”

    Griffith’s ‘curiosity’

    Griffith’s legal team has long argued that his presentation contained publicly available information and that he was driven more by academic curiosity than criminal intent. One lawyer described the trip as the “culmination of Virgil’s unfortunate obsession with North Korea.”

    A respected figure in Ethereum’s (ETH) early development and a key contributor to the Ethereum Name Service, Griffith’s case drew attention from both crypto advocates and national security circles. 

    His release comes as North Korean-linked hacking groups like Lazarus continue to target crypto firms, stealing billions in digital assets over the past decade.

    Griffith is currently held in a federal prison in Michigan and is expected to be released shortly after the August 2 order takes effect. 





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleThailand to restrict foreign crypto P2P services
    Next Article Maxine Waters slams Trump’s crypto ventures in fiery House hearing
    James Wilson

    Related Posts

    HSBC Orion to launch MENA’s first digitally native bond with ADX and FAB

    July 4, 2025

    Detroit sues real estate tokenization firm RealToken over 400 blighted properties

    July 4, 2025

    Ondo Finance, Pantera Capital to invest $250M in tokenization

    July 4, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Remittix (RTX) hits $4m presale as XRP holders take notice

    February 4, 2025

    Here’s why OKB price spiked 20% today

    February 4, 2025

    iDEGEN price prediction: Is this the AI agent token to buy?

    February 4, 2025

    Gate.io to list CYBRO token on Dec 14 after $7M presale success

    February 4, 2025
    Don't Miss

    HSBC Orion to launch MENA’s first digitally native bond with ADX and FAB

    By James WilsonJuly 4, 2025

    HSBC has teamed up with ADX and FAB to introduce the MENA region’s first digitally…

    Detroit sues real estate tokenization firm RealToken over 400 blighted properties

    July 4, 2025

    AGII Refines Sync Performance Across Chains to Boost Response Efficiency

    July 4, 2025

    Ondo Finance, Pantera Capital to invest $250M in tokenization

    July 4, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Demo
    About Us
    About Us

    CryptifyNow: Your daily source for the latest insights, news, and analysis in the ever-evolving world of cryptocurrency.

    X (Twitter) Instagram YouTube LinkedIn
    Our Picks

    HSBC Orion to launch MENA’s first digitally native bond with ADX and FAB

    July 4, 2025

    Detroit sues real estate tokenization firm RealToken over 400 blighted properties

    July 4, 2025

    AGII Refines Sync Performance Across Chains to Boost Response Efficiency

    July 4, 2025
    Lithosphere News Releases

    Colle AI’s iOS App Launch Brings Multichain NFT Creation to Mobile

    February 4, 2025

    AGII Transforms Web3 Infrastructure with AI-Optimized Smart Contracts

    February 4, 2025

    Colle AI (COLLE) Allocates $250M for AI Tool Development and Liquidity Growth on Solana

    February 4, 2025
    Copyright © 2025

    Type above and press Enter to search. Press Esc to cancel.