North Korea’s “Cryptocurrency-1”
Cryptocurrency developer Virgil F. was arrested a few days ago at Los Angeles International Airport. Arresting travelers at the airport right before they leave appears to be a thing for the FBI, e.g. a OneCoin founder was arrested at the same airport on his way out, and Malware Tech was arrested at Vegas airport after a conference. Is it the free coffee for law enforcement?
He traveled to North Korea, gave a talk there entitled “Blockchain and Peace” and then allegedly tried to organize a symbolic 1 ETH payment to South Korea ($216 at the time). Here’s the full inditement: https://www.justice.gov/usao-sdny/press-release/file/1222646/download