The U.S. Department of Commerce has revoked export privileges for ten years for former Ethereum Foundation researcher Virgil Griffith. This is stated on the agency’s website.
Authorities justified the decision under the Export Control Reform Act, under which such measures apply to those who violate sanctions.
Until April 12, 2032, Griffith may not directly or indirectly participate in any transactions involving goods, software or technologies that fall under U.S. export-control regulations.
In April 2019 the developer attended a blockchain conference in Pyongyang. He was arrested in November of the same year and charged with providing the DPRK with information on the use of cryptocurrencies to evade U.S. sanctions and to launder money during the event.
Media also reported that he discussed plans to supply mining equipment to North Korea.
In January 2020 Griffith was released on bail secured by real estate owned by his sister and parents valued at $1 million. In the same month he declined to plead guilty.
In July 2021 the developer violated the terms of bail and was remanded in custody again. Later he pleaded guilty.
In April 2022, a court sentenced Griffith to five years in prison and a fine of $100,000.