Inner City Press investigative journalist Matthew Russell Lee reported that former Ethereum developer Virgil Griffith violated the terms of his bail and was taken into custody. According to the reports, US prosecutors revoked Griffith’s bond for allegedly attempting to access the Coinbase crypto exchange.
Report states that Virgil Griffith violated his loan terms
At the end of November 2019, the US Attorney’s Office for the South District of New York (SDNY) arrested former Ethereum Foundation member Virgil Griffith for allegedly “helping North Korea to evade sanctions”.
After the US attorney in Manhattan revealed the news, outrage broke out in the cryptocurrency community. A year and eight months later, Griffith was released on bail, but reports from Inner City Press’ Matthew Russell Lee said he was recently taken into custody. Griffith allegedly violated his bail terms and the SDNY judge who directed his case had him arrested.
“Virgil Griffith was surrounded by two US marshals and took off his belt before he was taken to the holding cell,” said Russell Lee wrote on Tuesday. “His lawyer, Mr. Klein, than that [Inner City Press] asked, said he had no comment. Virgil’s father, whom Inner City Press had spoken to earlier, nodded. “
According to reports, Griffith’s mother’s registration and registration was a “misunderstanding”
A report from mon-livret.fr, written in French and shared by Russell Lee, explains what happened to Griffith. Allegedly, the former Ethereum developer tried to access the Coinbase cryptocurrency exchange through his account, but allegedly let his mother log into the account.
His bail conditions stated that he was not allowed to access any of his cryptocurrency accounts while he was under house arrest in Alabama. Griffith’s attorney argued that the registration was a “misunderstanding” and Griffith’s attorney allegedly claimed he did not need his mother to register.
The report highlights that Judge Castel of the SDNY court refused to hear the attorney’s arguments. Castel stated that due to the rising price of Ethereum (ETH), the bond terms were created for a reason so that Griffith would not pose an escape risk.
According to the judge’s statements and Klein’s arguments, Castel ordered Griffith to be taken into custody immediately. If convicted on the conspiracy charge of allegedly teaching North Korea “how to use blockchain technology,” Griffith faces up to 20 years in prison.
A petition to the Federal Bureau of Investigation (FBI), hosted on the Change.org website, indicates that there is a formal request to get Griffith out of prison. The petition was created in November 2019 following Griffith’s arrest and has only managed to garner 319 signatures out of 500 in the past year and a half.
“We are striving to have Virgil Griffith released from prison and all pending charges to be dropped,” said Change’s petitioner in detail.
What do you think about Virgil Griffith being taken into custody for accessing his Coinbase account? Let us know what you think on this matter in the comments below.
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