On September 27, 2021, at the Southern District of New York courthouse, the trial against former Ethereum developer Virgil Griffith started at 9:30 a.m. (EST). Griffith was facing 20 years behind bars for discussing blockchain technology in North Korea. Around 10:30 a.m., Griffith pleaded guilty and accepted a plea deal with up to six and a half years in prison.
Former Ethereum Dev Pleads Guilty
Virgil Griffith appeared in court today and about an hour into the trial, the defendant pleaded guilty in an apparent plea bargain. The former Ethereum developer was indicted when he spoke at a blockchain conference held in North Korea.
The U.S. government accused Griffith of providing “highly technical information to North Korea,” and information that could help North Korea “launder money and evade sanctions.” While Griffith waited for his trial he was on house arrest and lived with his parents.
On Virgil Griffith, here are this morning’s docket entries: guilty plea to Count 1 with forfeiture admitted. Defendant “remanded…