Griffith will likely spend the next two months in jail before his trial in September.
Ethereum developer Virgil Griffith has violated the terms of his bail and has been taken into custody after he allegedly accessed his cryptocurrency account.The remand order came from U.S. District Judge P. Kevin Castel after Griffith reportedly sought to access Ethereum assets held by Coinbase in May.The Ethereum Foundation researcher will likely spend the next two months behind bars. He is scheduled to be tried on September 21 on charges of conspiracy to violate sanctions with North Korea and faces up to 20 years inside.According to Law360, Judge Castel’s main concern was flight risk since the assets Griffith held had jumped in value into the $1 million range, which may have influenced his decision to check the wallet, the judge stated.Prosecutors sought remand on July 9, claiming that Griffith violated bail terms that sharply restrict
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