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Moscow Detains Brit Who Advised North Korea on Crypto

source-logo  cryptoknowmics.com 22 February 2023 01:51, UTC

A British national charged by the US Department of Justice (DoJ) was detained by the Moscow bureau of Interpol. The man is accused of working alongside another individual to break American sanctions against North Korea regarding crypto. In response to an Interpol "red notice," Christopher Emms was detained in Moscow.

Held for Advising North Korea on Crypto

Emms and a Spanish national named Alejandro Cao De Benos, are alleged to have instructed North Korea on how to use cryptocurrency and blockchain to evade sanctions and launder money. The 2019 Blockchain and Cryptocurrency Conference in Pyongyang was planned and put together by the two. Virgil Griffith, a former Ethereum developer, is the third conspirator. He was detained in November 2019 by the Federal Bureau of Investigation, pleaded guilty, and received a 63-month prison sentence. For one count of conspiring to violate the International Emergency Economic Powers Act, Emms faces up to 20 years in prison.

Escape from Saudi Arabia

Emms was freed from Saudi Arabia after an eight-month travel ban due to the absence of a legal basis for the American extradition request. He left the country right away and fled to Russia. However, in spite of the DoJ's efforts to impose financial sanctions on the crypto industry against the nation, local officials decided to assist their American counterparts.

cryptoknowmics.com