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    Spanish Police Arrest Alleged Crypto Conspirator Linked to North Korea

    Latest News

    • Spanish authorities have apprehended Alejandro Cao de Benos over a U.S.-linked crypto conspiracy.
    • The case resulted from his alleged connival with crypto researcher Virgil Griffith to unlawfully provide crypto providers to North Korea.
    • Nonetheless, Cao de Benos has been launched whereas awaiting the U.S. to formalize its extradition request.

    Spanish authorities introduced the arrest of Alejandro Cao de Benos, a Spanish nationwide sought by america in reference to an alleged crypto conspiracy involving North Korea. The event was captured in a current report by Reuters, noting the arrest occurred on Thursday at Atocha practice station in Madrid.

    For context, the U.S. Division of Justice charged Alejandro Cao de Benos, the founding father of a pro-Pyongyang affinity group, in 2022. The cost resulted from his alleged connival with crypto researcher Virgil Griffith to unlawfully provide crypto and blockchain expertise providers to North Korea. Griffith had beforehand been sentenced to 5 years and three months in jail in 2022 for his position within the conspiracy.

    Based on Reuters, Spanish nationwide police revealed that Cao de Benos was found in Barcelona utilizing a false id and was apprehended en path to Madrid. In the meantime, following the arrest, Cao de Benos appeared earlier than a Excessive Courtroom choose on Friday. 

    See also  Uptober to Bullcember: Crypto Market Alerts Explosive Development, $100k BTC in Sight?

    Nonetheless, the choose launched him with out situations whereas awaiting the extradition course of. The judicial supply emphasised that america must formalize the extradition request and submit the mandatory documentation.

    Alternatively, Reuters famous that in a publish on social media platform X on Friday, Cao de Benos refuted the U.S. allegations. Cao de Benos, going through a possible 20-year jail sentence if convicted, expressed confidence in his innocence. He said on X, “There isn’t a extradition. Moreover being false, the US accusation doesn’t exist in Spain.” Notably, Reuters said that the id of Cao de Benos’ authorized illustration stays unknown as of now.

    Disclaimer: The data introduced on this article is for informational and academic functions solely. The article doesn’t represent monetary recommendation or recommendation of any form. Coin Version is just not accountable for any losses incurred on account of the utilization of content material, merchandise, or providers talked about. Readers are suggested to train warning earlier than taking any motion associated to the corporate.

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