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What next as Ethereum dev Virgil Griffith pleads guilty to North Korea sanctions What next as Ethereum dev Virgil Griffith pleads guilty to North Korea sanctions

What next as Ethereum dev Virgil Griffith pleads guilty to North Korea sanctions

The former senior researcher for the Ethereum Foundation was arrested in November 2019 after presenting at a conference in Pyongyang.ย 

What next as Ethereum dev Virgil Griffith pleads guilty to North Korea sanctions

Cover art/illustration via CryptoSlate

Former Ethereum (ETH) developer, Virgil Griffith, who was charged with one count of conspiring to break the International Emergency Economic Powers Act (IEEPA), changed his plea just moments before the jury selection for his trial began in US District Court in Manhattan.

Griffith is scheduled to be sentenced next year in January, and while he faces as much as 20 years in prison, as part of his plea deal, prosecutors have agreed to seek a shorter punishment.

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