After having been denied bail on Dec. 26, Ethereum foundation researcher Virgil Griffith has now been released on a $1 million bond on the condition that he stay out of California.
On Dec. 30, the Inner City Press reported that the 36-year-old Griffith has been released after a bail appeal hearing earlier today. The hearing took place in front of United States District Court for the Southern (NYSE:SO) District of New York Judge Vernon S. Broderick, who granted a $1 million bail and ordered Griffith released, on the condition that he stay with his parents in Alabama for "moral suasion."