Tuesday, March 3, 2026
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Judge Lowers Prison Time for Ethereum Developer Griffith

by SB Crypto Guru News
July 18, 2024
in Altcoin
Reading Time: 3 mins read
0 0
A A
0


Judge Kevin Castel has approved a reduced sentence for Virgil Griffith, a former Ethereum developer convicted of violating sanctions against North Korea.

A July 17 court document revealed that Griffith’s prison term was cut from 63 months to 56 months.

Griffith was arrested in 2019 after attending a conference in Pyongyang, North Korea, where he gave presentations on how blockchain technology could be used to bypass international sanctions and launder funds.

What is Tezos? XTZ Cryptocurrency Easily Explained (ANIMATED)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe – We publish new crypto explainer videos every week!

The developer pleaded guilty in 2021, receiving a sentence of 63 months in prison and a $100,000 fine by April 2022.

During his 2022 sentencing hearing, Griffith expressed that he had moved past his fascination with North Korea. Judge Castel remarked at the time that Griffith seemed more interested in his central role in the events than in any particular ideology, suggesting he could easily shift allegiances to suit his interests.

Earlier this year, Griffith’s legal team filed a motion to reconsider his sentence, proposing a range of 51 to 63 months instead of the original 63 to 78 months.

Judge Castel agreed to a slight reduction, noting that Griffith no longer poses a significant risk to the public, although he has violated prison rules, such as attempting to steal soap and tea. The judge stated:

The Court also takes note of the significant hardships the defendant has experienced while incarcerated. The need to impose just punishment for this serious offense, to promote respect for law, and to deter others from committing similar crimes, however, tilts against a substantial sentence reduction.

The crypto community has recently seen other high-profile figures, such as former Binance CEO Changpeng Zhao and former FTX CEO Sam Bankman-Fried, facing legal repercussions and serving prison time.

Griffith’s case is yet another reminder of the legal and ethical boundaries within the crypto industry.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.




Source link

Tags: Bitcoin NewsCrypto NewsCrypto UpdatesdeveloperethereumGriffithjudgeLatest News on CryptolowersPrisonSB Crypto Guru Newstime
Previous Post

Pepe Coin Marks 30% Price Surge As New Meme Coin Presale ‘PEPU’ Reaches $4 Million Milestone

Next Post

Iowa museum becomes first in US to return looted Benin bronzes to royal ruler

Related Posts

Bitcoin for the rest of us: What you need to know

Bitcoin for the rest of us: What you need to know

by SB Crypto Guru News
February 28, 2026
0

Bitcoin drops over 25% one month after reaching a new all-time high of $125,000.Panic is on the doorstep. We need...

DOT Is Bleeding — and the Market Knows Why

DOT Is Bleeding — and the Market Knows Why

by SB Crypto Guru News
February 27, 2026
0

DOT Is Bleeding — and the Market Knows WhyI’ve been watching Polkadot bleed slowly for weeks now. Not the kind of crash that...

The Rise of Circle: From Stablecoin Pioneer to Fintech Giant

The Rise of Circle: From Stablecoin Pioneer to Fintech Giant

by SB Crypto Guru News
February 27, 2026
0

Circle Internet Group isn’t just another crypto play; it’s the architect of a digital dollar revolution. As the issuer of...

Understanding Crypto On-Chain Metrics|| Part 7: Miner Reserve

Understanding Crypto On-Chain Metrics|| Part 7: Miner Reserve

by SB Crypto Guru News
February 27, 2026
0

On-chain data is not just about traders and exchanges.Bitcoin miners are one of the most important groups to watch when...

Will quantum computers crack Bitcoin?! It’s time to sell!

Will quantum computers crack Bitcoin?! It’s time to sell!

by SB Crypto Guru News
February 27, 2026
0

Imagine this: you wake up and see a zero balance when you log into your wallet. You check the transactions — a...

Load More
Next Post
Iowa museum becomes first in US to return looted Benin bronzes to royal ruler

Iowa museum becomes first in US to return looted Benin bronzes to royal ruler

XRP Price Plummets To alt=

XRP Price Plummets To $0.5724, Can Bulls Maintain Support?

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.