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Election of new US House Speaker has implications for Ukraine aid | International Bar Association

Election of new US House Speaker has implications for Ukraine aid | International Bar Association
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Sanctions Enforcement: Lessons Learned from 2022 and How to Prepare Going Forward

In 2022, the US, UK and EU all escalated their sanctions enforcement rhetoric. For example, senior US enforcement officials went so far as to…

US warns over risk of hiring North Korea IT workers

US cryptocurrency expert jailed for helping North Korea evade sanctions

Former Ethereum employee jailed for talking at North Korea crypto conference about dodging sanctions

Virgil Griffith, a former employee of the Ethereum Foundation, has been sentenced to more than five years in prison and fined $100,000, after pleading guilty to conspiring to violate US law: specifically, US International Emergency Economic Powers Act (thanks, BBC). The 39 year-old was accused of having "participated in discussions regarding using cryptocurrency technologies to evade sanctions and launder money" with the North Korean authorities, per the charge sheet, and had he not cut a plea deal could have faced up to 20 years inside and $1 million in fines.Griffith had travelled to North Korea's capital city Pyongyang in April 2019 to give a presentation on blockchain tech at a crypto conference—despite applying for and being denied permission by the US State Department to attend. Prosecutors said that Griffith understood how crypto could be used to evade US sanctions on North Korea, "participated in discussions regarding using cryptoc

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