Ethereum Researcher to be released from jail after getting new legal representation

gepubliceerd op by Cryptoslate | gepubliceerd op

Virgil Griffith, the head of Ethereum's special projects division, will be released from jail after his bond is posted, his legal representative said.

Ethereum developer accused of aiding North Korea gets new legal representation.

Virgil Griffith, the head of Ethereum's special projects, was accused of assisting the Democratic People's Republic of North Korea in avoiding sanctions imposed by the U.S. According to the U.S. Attorney's Office for the Southern District of New York, Griffith used his knowledge and expertise to teach a North Korean conference how to leverage cryptocurrencies and blockchain technology to evade sanctions.

Griffith will be represented by Brian Klein of Baker Marquart, a veteran lawyer in the crypto industry.

The crypto community reacted positively to the news about Griffith's new legal representation, with many saying Klein was the "Best in the space."

Spreading the word about Ethereum could cost Griffith 20 years in prison.

According to Klein, Griffith is set to be released from prison once his bond is posted.

As the process could take as much as a few weeks to complete, Griffith most likely won't see his trial begin until 2020.

Vitalik Buterin, the co-founder of Ethereum, openly supported Griffith, saying his "Geopolitical open-mindedness" was a virtue.

Erin wasn't the only one who said that Griffith only shared "Publicly available information." 2600, a hacker magazine where Griffith was a contributing writer, issued a statement saying his arrest was "An attack on all of us," The New York Times wrote.

x