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Virgil Griffith Will Be Released From Jail Pending Trial, Says Attorney

2 mins
Updated by Kyle Baird
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Virgil Griffith, the Ethereum Foundation developer who was recently arrested for allegedly aiding North Korea by educating them on cryptocurrencies, will soon be released from jail pending trial. Griffith’s lawyer Brian Klein tweeted the development and the charges will be tested in court.
The Ethereum Foundation developer who was arrested for allegedly aiding North Korea, Virgil Griffith, will be released from jail pending trial, according to Griffith’s lawyer Brian Klein. Tweeting about the development, Klein said that the criminal complaint would be tested in court,

Denied Permission

The initial complaint stated that Griffith had asked for permission to travel to North Korea to give a presentation titled “Blockchain and Peace”, for which permission was denied. A preliminary court hearing on Monday will determine if the US Department of Justice had enough evidence for probable cause. Griffith was arrested on charges described as:
“Violating the International Emergency Economic Powers Act (IEEPA) by traveling to the Democratic People’s Republic of Korea (DPRK or North Korea) in order deliver a presentation and technical advice on using cryptocurrency and blockchain technology to evade sanctions.”
Should he be convicted, Griffith would face up to 20 years in prison. Griffith was Ethereum’s Head of Special Projects and was arrested by the FBI for allegedly advising the North Korean Government on blockchain technology. Virgil Griffith

Support for Griffith Strong

There has been a lot of support for Griffith from the cryptocurrency community, many of who have stated that the visit was harmless and or did not include any particularly inaccessible information. Ethereum co-founder Vitalik Buterin has also offered his support for Virgil Griffith, saying that Ethereum did not fund or support Griffith’s attendance at the North Korean event, as BeInCrypto has previously reported. Buterin also said that all Griffith did was make a presentation on information that was already available to the public. Klein is an attorney who has supported other prominent individuals, including Charlie Shrem, a bitcoin entrepreneur. Klein was involved in a settlement between the Winklevoss twins and Shrem.
Images are courtesy of Twitter, Shutterstock.
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Rahul Nambiampurath
Rahul Nambiampurath's cryptocurrency journey first began in 2014 when he stumbled upon Satoshi's Bitcoin whitepaper. With a bachelor's degree in Commerce and an MBA in Finance from Sikkim Manipal University, he was among the few that first recognized the sheer untapped potential of decentralized technologies. Since then, he has helped DeFi platforms like Balancer and Sidus Heroes — a web3 metaverse — as well as CEXs like Bitso (Mexico's biggest) and Overbit to reach new heights with his...