He Gave a Cryptocurrency Talk in North Korea. The U.S. Arrested Him.

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AdvertisementContinue reading the main storySupported byContinue reading the main storyHe Gave a Cryptocurrency Talk in North Korea. Last year, Washington amended its sanctions to prohibit “a U.S. person, wherever located” from giving technology to North Korea. Griffith, an American citizen who lives in Singapore and works for the Ethereum Foundation, is accused of conspiring with North Korea since August 2018. Griffith had sent to a colleague in which he said he needed to send cryptocurrency between North and South Korea, the complaint said. He gave a talk at a conference in Pyongyang about how to use cryptocurrency and blockchain technology to launder money, according to federal investigators.

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He Gave a Cryptocurrency Talk in North Korea. The U.S. Arrested Him.

A self-styled “disruptive technologist” was arrested after speaking at a conference in Pyongyang on using digital currencies to launder money.

By Jan Ransom

Dec. 2, 2019Updated 9:01 a.m. ET

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