ETH developer Virgil Griffith back in jail after allegedly checking Coinbase account
July 21, 2021. Summarized by summa-bot.
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Virgil Griffith has violated his bail terms and will be back in jail for the period leading up to his September trial.
Ethereum developer Virgil Griffith has violated the terms of his bail and has been taken into custody after he allegedly accessed his cryptocurrency account.
Kevin Castel after Griffith reportedly sought to access Ethereum assets held by Coinbase in May. The Ethereum Foundation researcher will likely spend the next two months behind bars.
Prosecutors sought remand on July 9, claiming that Griffith violated bail terms that sharply restrict his internet use.
Griffith was charged and indicted on January 7, 2020, after his arrest in November 2019 for conspiracy to violate the International Emergency Economic Powers Act. He was initially denied bail but was finally granted a bond order for $1 million at the end of December 2019.
In October 2020, Griffith filed a motion to dismiss the conspiracy charges, claiming that his April 2019 conference presentation consisted of widely available public information, therefore he was not providing a “service” to North Korean officials.