North Korea News
North Korea, officially the Democratic People’s Republic of Korea, is an East Asian country on the Korean Peninsula. North Korea’s population is over 25 million people, 1.21 million of which are active-duty soldiers. North Korea is under the rule of its leader Kim Jong-un, who is considered to have the most human rights violations in the contemporary world. North Korean laws made its economy heavily nationalized, which even led to a refusal of a taxation system. North Korean Bitcoin policies are yet to be officially established as their nationalized economy, closed borders, anti-human mobility laws and censorship of the internet all make it extremely hard for North Koreans to have some use for Bitcoin. Cryptocurrencies, as a money without central authority and high anonymity, violate North Korean laws that were not established specially for blockchain-based technologies, but previous laws crafted for other purposes.
The plea deal ends a nearly two-year legal battle between Griffith and U.S. prosecutors tied to a presentation the developer gave in Pyongyang.
ETH developer pleads guilty for conspiracy to violate sanctions laws
Griffith will likely spend the next two months in jail before his trial in September.
ETH developer Virgil Griffith back in jail after allegedly checking Coinbase account
The Department of Justice has indicted three hackers affiliated with the infamous Lazarus Group.
US charges three North Korean hackers over crypto attacks and WannaCry ransomware
Exploring where national security meets securities offerings in this week's crypto news.
Law Decoded: Of ICBMs, BTC and ETFs, Feb. 5–12
A preliminary report from a United Nations inquiry suggests North Korea is using the proceeds from crypto hacks to funds its weapons programs.
UN report says North Korea behind $281M exchange hack to fund nukes
Virgil Griffith, a crypto developer accused of helping North Korea evade sanctions through speaking at a Pyongyang crypto conference in 2019, must now face a ju...
Ethereum dev must face jury for allegedly helping North Korea evade sanctions
Government lawyers implied that citizens could legally pass along nuclear secrets to North Korea if held to the same standards as Griffith.
US government labels Virgil Griffith's argument to dismiss sanctions charges 'absurd'