Ethereum developer Virgil Griffith partially pleaded guilty in the case of a trip to the DPRK

Ethereum developer Virgil Griffith partially pleaded guilty in the case of a trip to the DPRK

Virgil Griffith pleaded guilty to violating US laws by advising North Korean authorities on the use of blockchain and cryptocurrencies to circumvent sanctions. According to the website of the US Department of Justice, Virgil Griffith admitted before the judge of the District Court of the Southern District of New York, Kevin Castel, that he violated the Economic Emergency Measures Act (IEEPA). According to US Attorney Audrey Strauss, Griffith “agreed to help one of the most…

EMURGO Created $ 100M Investment Fund to Support DeFi and NFT on Cardano

Two subsidiaries of EMURGO will invest in projects on the Cardano blockchain, which are in the early stages of development. According to the announcement of EMURGO, a new ecosystem development tool will soon be launched – an investment fund with a capitalization of $ 100 million. EMURGO is an international investment company, one of the three co-founding partners of Cardano, together with IOHK and the Cardano Foundation. Responsible for investment and project promotion. According to…