36-year outdated Ethereum (ETH) developer Virgil Griffith, who’s dealing with as much as 20 years in jail for allegedly serving to North Korea keep away from sanctions, is now represented by Brian Klein, high-stakes trial lawyer and associate at Los Angeles-Based regulation agency Baker Marquart.
“I now represent Virgil Griffith and am very pleased that today the judge found that he should be released from jail pending trial. We dispute the untested allegations in the criminal complaint, and Virgil looks forward to his day in court, when the full story can come out,” Klein shared the information on Twitter and Linkedin.
There is not any subsequent courtroom date set but, he instructed Cryptonews.com, confirming that he was employed by Griffith himself.
As reported, amongst those that name for Griffith’s launch, urging folks to hitch by signing a petition, is Ethereum’s co-founder and Griffith’s good friend, Vitalik Buterin.
Klein is thought for a number of instances the place he represented main gamers within the crypto business. Most just lately, he represented Block.One, the developer of EOS (EOS), which was “excited to resolve [its] discussions” with the U.S. Securities and Exchanges Commission and pay a USD 24 million price for conducting an unregistered preliminary coin providing (ICO) that raised USD four billion.
Other crypto associated instances the place Klein is/was concerned:
- He represents Arthur and Kathleen Breitman, in addition to their firm, in reference to securities class motion lawsuits involving the Tezos (XTZ) crowdfunding, which raised over USD 230 million.
- Successfully defended a digital foreign money dealer in federal courtroom in Colorado in opposition to an unlicensed cash transmitter felony cost, securing dismissal of the case earlier than trial.
- Represented Erik Voorhees, CEO of ShapeShift, top-of-the-line recognized platforms providing peer-to-peer buying and selling of digital property, in his settlement with the SEC in an investigation.
- Successfully defended a digital foreign money firm in a state securities division investigation primarily based out of the Midwest (no enforcement motion was introduced).
Source: Baker Marquart
Meanwhile, among the many shoppers of Baker Marquart, are outstanding crypto-related firms akin to Blockchain, one of many greatest pockets suppliers, Circle, the corporate behind USD Coin (USDC), the second largest stablecoin by market capitalization, and Protocol Labs, the corporate behind Filecoin, one of many high 5 ICOs of 2017.
“[Brian] additionally previously volunteered as the skin common counsel and chair of the authorized advocacy committee for the Bitcoin Foundation. <…> Chambers has acknowledged Brian as “the leading cryptocurrency trial attorney in the USA,” in keeping with Baker Marquart.