North Korea Archives

Another Сrypto Firm Hit With Fines For Violating U.S. Sanctions

February 19, 2021

BitPay will have to pay the U.S. Treasury's Office of Foreign Asset Control over half a million dollars for crypto services to sanctioned regions. In a Feb. 18 announcement of the settlement, OFAC said that ...

Former Ethereum Researcher Files Motion To Dismiss North Korea Conspiracy Charge

October 25, 2020

Former Ethereum researcher files motion to dismiss North Korea conspiracy charge. The former Ethereum Foundation researcher, Virgil Griffith, was accused of conspiring to breach U.S. sanctions against the Dem...

United Nations : Attending Pyongyang’s Blockchain & Crypto Conference Could Violate International Sanctions

January 16, 2020

The United Nations has warned people not to attend the Pyongyang Blockchain and Cryptocurrency Conference. Following last week’s indictment in the US of Ethereum Foundation researcher Virgil Griffith reg...

Dennis Rodman’s Peace Mission to North Korea is Sponsored by PotCoin

June 16, 2017

NBA Hall of Famer Dennis Rodman went back to North Korea this week, thanks to the community-based cryptocurrency for legalized marijuana – PotCoin. Rodman made his first visit to North Korea in February 2013...