Cryptocurrency expert accused of assisting North Korea in evading sanctions

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Cryptocurrency expert accused of assisting North Korea in evading sanctions
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A cryptocurrency expert is accused of traveling to North Korea and delivering a presentation on technology that could help the country evade sanctions, federal prosecutors say.

In May, the FBI says they interviewed Griffith and he acknowledged that traveling and speaking to the North Koreans was illegal and he knew it was illegal. He even allegedly showed the FBI photos of himself in North Korea and North Korean propaganda.

He also “participated in discussions regarding using cryptocurrency technologies to evade sanctions and launder money,” according to the complaint. After the conference, Griffith began forming plans to facilitate the exchange of a cryptocurrency between North and South Korea, according to the complaint.

Then, in August of this year Griffith was caught messaging an uncharged individual with not only trying to move a cryptocurrency unit from South Korea to North Korea but also that he knew it would evade sanctions, the complaint said.

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