Ethereum developer Virgil Griffith to be released on bail to his parents' home in Alabama

Judge Vernon Broderick ruled in New York on Monday that Virgil Griffith will be released to his parents' home in Alabama and is currently awaiting some pre-release conditions with a bail of $ 1 million. Earlier news, Ethereum developer Virgil Griffith was arrested last month for allegedly assisting North Korea to learn more about blockchain and cryptocurrencies. The U.S. Attorney's Office opposes bail, citing that Griffith's text messages to his parents involved abandoning his U.S. citizenship and opening a money laundering business in North Korea.