Man Accused Of Helping North Korea Evade U.S Sanctions

An American citizen has been accused of helping North Korea to evade U.S. sanctions, federal prosecutors in New York announced Friday.

Virgil Griffith has been charged with conspiring to violate the International Emergency Economic Powers Act, which allows the president to regulate foreign transactions due to threats or emergencies, according to a criminal complaint. The charge carries a maximum sentence of 20 years in prison.

Griffith gave North Korea information on blockchain and cryptocurrency technologies and took part in discussions about using cryptocurrency to skirt sanctions and launder money, the complaint said.

Read more at The Hill.

{Matzav.com}