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World Man accused of helping North Korea evade US sanctions

05:30  30 november  2019
05:30  30 november  2019 Source:   thehill.com

US envoy says time running short for North Korea deal

  US envoy says time running short for North Korea deal WASHINGTON (AP) — The U.S. official in charge of talks with North Korea said Wednesday that time is running short to achieve a deal, but not because of the end-of-year deadline set by the North’s leader, Kim Jong Un. A crisis or any other distraction could derail talks to end North Korea’s nuclear weapons program despite the historic meetings between Kim and President Donald Trump, according to Stephen Biegun, the administration’s special representative for North Korea.“The window is still open but they need to seize the moment,” Biegun told the Senate Foreign Relations Committee, which was holding a hearing on his nomination to be deputy secretary of state.

An American citizen has been accused of helping North Korea to evade U . S . sanctions , federal prosecutors in New York announced Friday. Federal prosecutor Geoffrey S. Berman said in a statement that Griffith allegedly "provided highly technical information to North Korea , knowing that

US accuses Russia of helping North Korea evade sanctions .

An American citizen has been accused of helping North Korea to evade U.S. sanctions, federal prosecutors in New York announced Friday.

a close up of a sign: Man accused of helping North Korea evade US sanctions© The Hill Man accused of helping North Korea evade US sanctions

Virgil Griffith has been charged with conspiring to violate the International Emergency Economic Powers Act, which allows the president to regulate foreign transactions due to threats or emergencies, according to a criminal complaint. The charge carries a maximum sentence of 20 years in prison.

Prosecutors said that Griffith attended and presented at a cryptocurrency conference in North Korea even though he was denied permission to do so by the government because of sanctions.

North Korea says 'not right time' for Kim to attend South Korea ASEAN summit

  North Korea says 'not right time' for Kim to attend South Korea ASEAN summit North Korea says 'not right time' for Kim to attend South Korea ASEAN summitSouth Korean President Moon Jae-in sent a letter of invitation to Kim on Nov. 5, with an offer for an envoy to attend if he was unable to participate in the event, the official KCNA news agency said.

“Russia is not helping us at all with North Korea ,” Trump said during an Oval Office interview with Reuters. China and Russia both signed onto the latest rounds of United Nations Security Council sanctions against North Korea imposed last year.

U . S . President Donald Trump has accused Russia of helping North Korea evade international sanctions , and said Pyongyang is In an Oval Office interview with Reuters Wednesday, Trump praised China for its efforts to restrict oil and coal supplies to North Korea but said Beijing could do

Griffith also gave the country information on blockchain and cryptocurrency technologies and took part in discussions about using cryptocurrency to skirt sanctions and launder money, the complaint said.

Federal prosecutor Geoffrey S. Berman said in a statement that Griffith allegedly "provided highly technical information to North Korea, knowing that this information could be used to help North Korea launder money and evade sanctions."

"In allegedly doing so, Griffith jeopardized the sanctions that both Congress and the president have enacted to place maximum pressure on North Korea's dangerous regime," Berman added.

Bitcoin money laundering is a classically stupid crime .
On the bitcoin network, anybody can see your transactions, including law enforcement. It's almost as bad as leaving your fingerprints at the scene of a crime.According to the United Nations Office on Drugs and Crime, it’s estimated that 2% to 5% of the global GDP—or $800 billion to $2 trillion—is laundered each year, much of it in cash. But over the last few years, with cryptocurrencies growing in prominence and price, they’ve become a popular option, too. Government agencies have started contracting crypto-analytics firms like Chainalysis and CipherTrace to track down money launderers and other criminals.

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