Man Accused of Trying to Help North Korea Avoid Sanctions with Cryptocurrency

A man was arrested in California and accused of traveling to North Korea to deliver a presentation on using cryptocurrency and blockchain technology that could help the country evade sanctions, federal prosecutors in New York said. Virgil Griffith, 36, was arrested at Los Angeles International Airport after he allegedly traveled North Korea in April and provided technological information that could assist in evading sanctions imposed on the country by the U.S., the U.S. attorney for the southern district of New York said in a statement.

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