Two more charged with teaching North Koreans to evade US sanctions with crypto
Two EU citizens have been indicted for violating U.S. sanctions on North Korea when they jointly planned a crypto conference there.
A United States district court has charged two European citizens in connection to a blockchain and cryptocurrency conference in North Korea which violated U.S. sanctions back in 2019.
According to the U.S. Department of Justice, the court documents allege that Alejandro Cao De Benos, a citizen of Spain, and Christopher Emms, a citizen of the United Kingdom, conspired to violate U.S. sanctions on North Korea when they jointly planned and organized the 2019 Pyongyang Blockchain and Cryptocurrency Conference.
The pair allegedly worked with former Ethereum developer Virgil Griffith to provide instruction on how the DPRK could use blockchain and cryptocurrency technology to launder money and evade sanctions. Later, the three continued to provide additional cryptocurrency and blockchain services to the sanctioned nation by seeking to help them build cryptocurrency infrastructure and equipment.
3 comments