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What I survived

North Korean Crypto scam? P1

31 Mar 2026

Transcription

Transcript generated automatically by AI and may contain errors.

Chapter 1: What led to Christopher Emms being wanted by the FBI?

0.031 - 24.038 Jack Laurence

So the man who sparked this series, Chad Hauer, and I have remained in contact since our initial interview many months ago. Once I'd made the decision to create a new series about wanted men and women, I of course decided to ask Chad if he might know anyone else who was on the FBI's wanted list. And, well, what do you know? He did. Okay, I have a message from Chad. I sent him a message.

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24.058 - 47.216 Jack Laurence

I was obviously wanting to see if he knew anyone else that might be wanted. And he's just sent me a text. Now, let me have a look. Yes, I do know a guy wanted by the FBI currently. English guy. Now living in Russia. Oh, dear.

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48.057 - 75.989 Jack Laurence

Chad sent me a message one morning to let me know he knew a guy who was indeed wanted by the FBI for supposedly helping another country avoid global sanctions with cryptocurrency. That country? North Korea? Oh, well, that's not good. Jesus Christ. Why is it never anything simple? I found myself yet again starting to have similar concerns as I did before I decided to speak with Chad.

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76.709 - 89.705 Jack Laurence

I mean, speaking to an American who's been involved in an insane custody battle was one thing, but someone who's supposedly been in cahoots with one of the world's most infamous and secretive dictatorships... with something else.

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89.926 - 103.146 Unknown

Breaking news overnight. North Korea test-fired an intercontinental ballistic missile. The missile, which fell into the sea off Japan, is thought to be capable of reaching the continental U.S. Rocket man should have been handled a long time ago.

103.166 - 112.821 Jack Laurence

North Korea wasting no time in retaliating. Official state media saying the North launched two cruise missiles on the eve of the drills from a submarine off North Korea's coast.

112.841 - 121.333 Unknown

But if it is forced to defend itself or its allies, We will have no choice but to totally destroy North Korea.

Chapter 2: How did Christopher Emms find himself in Moscow?

121.473 - 135.392 Unknown

His foreign minister said the regime is planning to test a hydrogen bomb over the Pacific, something the US isn't sure North Korea has the capacity to do, but officials admit would be a game-changing escalation if attempted.

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136.053 - 157.663 Jack Laurence

Have I taken this too far? Will I ever indeed myself be able to travel the world again? Who was this guy? All questions I decided needed to be answered. I find that whole side of things fascinating too because I find North Korea, I mean, I probably would have been the same as you if I got invited to go there. I would have been like, sure. Please don't go, mate. Please don't go.

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157.703 - 161.727 Jack Laurence

My name's Jack Lawrence. Welcome to Wanted.

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162.288 - 184.191 Unknown

I'm a wanderer of the soul Before the end I plan to be whole But I know I'll lose myself along the way What's gone is gone. What's past is past. Let me leave what belongs in the past.

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193.486 - 214.888 Jack Laurence

The FBI's most wanted list is not a list that is just reserved for American citizens. In fact, if you jump onto the website right now and start scrolling through the multitude of mugshots, you'll come across a whole host of other foreign nationals. Russians, Chinese, Iranians, Saudis, Ukrainians even. And a British man named Christopher Eames.

215.249 - 235.815 Jack Laurence

I'm from the UK as well, so I'm originally from Croydon. Okay, I'm from Guildford. My mum's from Redhill, so literally 15 minutes from you. Yes, this apparent criminal mastermind of crypto and friend of North Korea was in fact an extremely nice, polite, well-spoken man from a small town not too far from my own hometown in the United Kingdom.

237.376 - 272.531 Jack Laurence

So just how does someone like Christopher Ems end up on the FBI's wanted list for claims of counterintelligence? Well, like the rest of our stories, we start from the very beginnings. I'm from the UK. I was born in a place called Guildford, which is just south of London for anyone at home that isn't familiar. It's a small city. And so I spent sort of my former years there.

272.551 - 277.056 Jack Laurence

And then I actually grew up in the south of Spain on the Costa del Sol.

Chapter 3: What was Christopher's background before entering the cryptocurrency world?

277.256 - 300.806 Jack Laurence

So that was lovely. Moved back to the UK when I was 16 to do my A-levels. And then I sort of dotted around the world, lived back in a place called Gibraltar, which is near sort of a British territory in the south coast of Spain. Lived in Malta for a while as well. Lived in Berlin in Germany, which was fun. And then in Dubai. And now obviously here in lovely Moscow.

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301.086 - 315.961 Jack Laurence

Sunny Moscow actually today for a change. So Chris is a well-travelled man, but now calls Russia home. When you're wanted by the FBI, you really need to avoid any country with an extradition treaty, even if that means your own country of birth.

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316.642 - 337.528 Jack Laurence

You'd be forgiven for thinking that a guy who would go on to be accused of helping North Korea use cryptocurrency to avoid sanctions would be some sort of child tech prodigy. But that's not quite the case with Chris, who had other aspirations as a young guy. I used to like our IT classes at school, but I don't think that taught me much. But my main passion then was actually theatre.

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338.509 - 361.21 Jack Laurence

So when I was younger there, I was in sort of an English speaking theatre group. I spent most of my time leaving school, going and rehearsing, spending my whole weekends rehearsing for whatever different shows they were putting on. So really my life until I was sort of in my early 20s was all about theatre. It's what I studied once I left school. So really tech wasn't,

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361.358 - 377.175 Jack Laurence

something really that instinctively I wanted to get involved in. It was more I wanted to, in the end, wanted to direct plays. But I ended up here. Well, I would imagine there's possibly more money in tech and crypto than there is in directing plays. That was the driving force.

377.195 - 397.772 Jack Laurence

I think I lived at the time in London when I was a trainee theater director above a Portuguese restaurant on the South Lambus Road in London, where there was mold on the walls, there was mold on the shower. And I woke up one day and I thought, you know, I need to get a real job. I can't keep living like this. That proper job would end up being in the crypto sphere.

398.292 - 407.622 Jack Laurence

But the road into the world of cryptocurrency was really a mixture of luck and odd coincidences, which all began with a mobile phone plan.

Chapter 4: What unexpected event sparked Christopher's interest in cryptocurrency?

408.182 - 423.783 Jack Laurence

I was living in Berlin in Germany. I was working for a number of different tech startup businesses there. And there was a guy that was working with me who was from the US and he'd just moved to Berlin. Now in Germany, you get kind of like, I'm sure it's the same in Australia, same in the UK, you get a credit rating.

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423.803 - 441.422 Jack Laurence

And with that credit rating, it allows you to take out, get a credit card or even a mobile phone contract. And this was the days when mobile phone contracts were expensive, not like they are now. So this guy said to me, hey, you've got a credit rating in Germany. You've been here six months. Will you put it in your name? And I said, yeah, okay, mate, no problem. So I put the thing in his name.

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441.442 - 459.48 Jack Laurence

He wanted the full WAC plan, which I think was about 100 euros a month, which back then for me, I think I was earning about, probably just over 1,000 euros a month. It was 400 euros for the rent, and the rest went on what every man spends his money on in his early 20s, mainly going to bars, meeting girls, and having a good time.

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460.721 - 485.189 Jack Laurence

So this guy left the company pretty soon after and disappeared, and I was stuck with this phone bill that was hard for me to pay. So eventually I tracked this guy down, and I'm like, look, dude, you owe me the money for your phone bill, and I really need it. So he said, oh, can I pay you in Bitcoin? And I was like, what the hell is that? And I was like, oh, OK.

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485.209 - 502.858 Jack Laurence

I was like, I'm never going to track this guy down. Goodness knows where he lives right now. I found him on, I think, Facebook or whatever it was we were using at the time. And so he sent me whatever the value. I think he sent me 600 euros of Bitcoin at the value of 2015. So I think it's around one Bitcoin, maybe a bit more.

505.184 - 517.625 Unknown

Bitcoin is a form of cryptocurrency or online currency. There's hundreds of them out there. It's not regulated. There's no banks involved. That's why people can invest, trade and cash in all from their smartphone.

Chapter 5: How did Christopher's career in crypto begin?

517.645 - 529.926 Jack Laurence

So Bitcoin by now is a household name. Everyone has heard of it, but almost as many people still have no idea what it's all about. Other than it's an apparent digital currency that has made certain people extremely wealthy.

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529.906 - 537.239 Unknown

I'm sitting in this bed, in this studio apartment, and I just became a millionaire.

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537.78 - 557.172 Jack Laurence

Bitcoin first hit the internet around 2008 when the domain name bitcoin.org was registered, apparently created by a person or persons who used the name Satoshi Nakamoto. Now, before you start panicking and thinking I'm about to do a big deep dive and trying to explain cryptocurrency and blockchains, it's not happening here.

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557.914 - 577.05 Jack Laurence

But as we all know, during the peak madness of the world of COVID in 2021, Bitcoin skyrocketed. In fact, it hit a value of $66,975 for just one Bitcoin. Story after story emerged of people becoming instant multimillionaires.

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577.11 - 580.935 Unknown

He became a millionaire at 24, all by investing in Bitcoin.

581.076 - 586.643 Jack Laurence

Sad stories of people who'd lost their passwords to their wallets to unlock incredible fortunes.

586.623 - 607.737 Unknown

Bitcoin is a super secure system. You get 10 shots at entering the correct password. After that, the account automatically locks up. So far, Thomas has tried eight times at guessing his password. That means he has two more shots. After that, his $225 million fortune will be gone forever.

607.717 - 626.856 Jack Laurence

more and more coins began to emerge, with people all around the world, yours truly included, buying into the hype and hoping to become the next crypto millionaire. However, before all this madness, Chris, with his wallet of just over one Bitcoin, at the time, not knowing anything about it, was just trying to work out how to get rid of it.

627.516 - 652.255 Jack Laurence

But little did he know that this odd little Bitcoin that he's been lumped with would end up becoming a big part of his life in the future. I'm sat there and I'm looking, I'm like, how can I cash this Bitcoin rubbish out? I need, you know, I need the cash. I couldn't figure out how to do it, to be honest. So I just thought, oh, well, I'll just leave it here.

Chapter 6: What role did Virgil Griffith play in the North Korea conference?

714.081 - 738.619 Jack Laurence

I'll have a punt on that Ethereum thing. So... Fast forward a bit longer, 2017, that Ethereum thing went from $3 to about, I can't even remember now, about $800. So that's an 800x on $500. You can do the maths on that one. So yeah, that was the best deal I ever did with someone was taking his phone bill on, that's for sure. So yeah, so I left Wavecrest in 2017 and I left.

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738.802 - 754.767 Jack Laurence

From Wavecrest, Chris's life in the world of crypto really begins as he leaves the company in 2017 to set up his own business looking at regulation and compliance in this world. which he says, in his own words, was a vastly unsuccessful business.

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755.148 - 765.904 Jack Laurence

Because essentially, back then, the world of crypto was the Wild West, and not many people were overly interested in, shall we say, being overtly transparent about their dealings within it.

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766.625 - 788.056 Jack Laurence

From there, Chris does more work in the space and eventually would take a meeting with a man called Roger Ver, referred to by many as Bitcoin Jesus, as he's known to be one of the first ever investors in Bitcoin. Roger had a company called Bitcoin.com and invited Chris to join as head of business development. Now, I know what you must be thinking.

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788.076 - 811.219 Jack Laurence

Okay, this is all very interesting, but what about Chris's own crypto fortune? Are you talking to one of those crypto millionaires? Absolutely not. So in 2018, I think at one point, I won't tell you how much I was worth on paper, but it was a significant amount of money. But I was very young. I didn't really understand. And I remember meeting a friend of mine I went to school with.

811.239 - 825.457 Jack Laurence

Her dad's quite a successful entrepreneur in the UK. And I used to have lunch with him. And I had lunch with him one time. And he said, Chris, this is a bubble. Cash out. And I looked at him and I went, man, this is going to go. This is going to the moon. I'm not going to sell any of it. Of course, he was entirely right.

825.517 - 843.704 Jack Laurence

So I remember within three days, I probably had enough money never to work again in my life. And I went down to about $2,000. So we're going to take a short break, and when we come back, while working for Bitcoin.com, Chris would get an email from someone with a very bizarre offer, an offer that would see him becoming a wanted man.

844.825 - 876.229 Unknown

I'm a wanderer of the soul Before the end I plan to be whole But I know I'll lose myself along the way What's gone is gone What's past is past. Let me leave what belongs in the past.

876.249 - 898.215 Jack Laurence

Christopher Eames is a British man currently living in Moscow in Russia. He's a man currently wanted by the FBI. And it all began while working for the company Bitcoin.com, where he was working with partnerships and development, dealing with companies all around the world, building partnerships, when one day he gets an email.

Chapter 7: What precautions did Christopher take before traveling to North Korea?

964.415 - 988.161 Jack Laurence

So who is this man? Well, we don't have the time to go completely down this rabbit hole. But in a nutshell, Mr. De Beynel is a Spanish national who is a special representative of the Foreign Ministry of North Korea. He is also, according to himself, the special delegate of North Korea's Committee of Cultural Relations with Foreign Countries.

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988.621 - 1012.652 Jack Laurence

He's also the founder of the Korean Friendship Association, or the KFA. The KFA as an organisation has a global reach, with branches across the world in Brazil, Canada, the United States, the UK and Australia. If you want to learn more about the bizarre world of the KFA and Mr de Beno, I would urge you to watch the amazing documentary, The Mole.

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1014.252 - 1036.056 Jack Laurence

Alejandro Caúdo Bernos and Christopher Ems have something in common. They are both now wanted by the FBI and in fact named on this same indictment, where the US claims that they conspired with Virgil Griffith, a cryptocurrency expert and citizen of the United States, to illegally provide cryptocurrency and blockchain technology services to the Democratic People's Republic of Korea.

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1036.757 - 1063.289 Jack Laurence

But more on that very soon. And he said, look, I want to do a cryptocurrency blockchain conference in Pyongyang, North Korea. Would you be interested in attending? And I had a reaction that, looking back on it, was probably something that I should have thought twice about. But at the time, I thought, wow, that's very, very interesting. I've been watching the news.

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1063.349 - 1077.663 Jack Laurence

Donald Trump's shaking the guy's hand. I think at that time, I think most of the world thought, this is probably the last time I'm going to get to see North Korea as North Korea. We've seen it on the TV and on all the documentaries on YouTube. So I said, yeah, okay, no problem. That would be very interesting.

1077.943 - 1100.031 Jack Laurence

However, before he ups and grabs his passport and toothbrush to jet off to North Korea, he actually decided that he should probably check to make sure this isn't going to get him in any sort of trouble. Kind of ironic, really. So what I did then is I thought, right, well, I'm not entirely dumb. So I thought, right, I'll message the British embassy and say, hey,

1100.264 - 1121.989 Jack Laurence

planning to come to this conference. What's your take on it? And they said, look, we don't recommend you coming to North Korea, but there's nothing illegal about you doing it. So I was like, okay, fine. Obviously, looking back, hindsight's a wonderful thing, right? Maybe it wasn't the right thing to do, but off we went. Anyway, so 2019, hopped on a plane to China. It was April, I believe.

1122.53 - 1137.865 Jack Laurence

Got my visa at the North Korean embassy in Beijing. and then sort of met this random group of people that had been assembled that wanted to attend. One of the people is now obviously someone who at the time was obviously quite famous in the crypto world, but is now globally infamous, a man called Virgil Griffith.

1138.84 - 1161.088 Jack Laurence

Virgil Griffith, unlike Chris, is a bit of a computer genius, having studied cognitive science at university and graduating with honours. Looking at his background, he's certainly had a colourful past in the world of tech, but he's mostly known for his work with the cryptocurrency Ethereum. Virgil had actually done something similar to Chris prior to leaving the United States.

Chapter 8: What challenges did Christopher and his group face upon arriving in North Korea?

1169.486 - 1195.486 Jack Laurence

Now looking at the US Department of State website, it says that all US passports are invalid for travel to, in or through the DPRK, unless specially validated for such travel under the authority of the Secretary of State. Special validations are granted only in very limited circumstances. from court documents in the case against Virgil.

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1195.726 - 1210.821 Jack Laurence

They state that in January of 2019, he applied to the State Department for permission to travel to the DPRK, informing them that he would be speaking at a cryptocurrency conference about, and they quote, the applications of blockchain technology to businesses and anti-corruption.

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1211.302 - 1238.818 Jack Laurence

They then go on to state that Griffith was determined to attend despite the denial and sought the approval of the DPRK-UN mission in Manhattan. He sent the mission, copies of his CV, passport and explained his desire to attend the conference. He was granted a visa a month later. Unaware of all of this information, Chris and the rest of the group, along with Virgil, were off to North Korea.

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MUSIC PLAYS

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1253.27 - 1274.369 Jack Laurence

We jumped on the plane to Pyongyang. We arrived in Pyongyang. Now, it's a really weird place, Jack. You get to the airport in Pyongyang. It's a brand new airport, right? It looks beautiful, right? But there's no one there. So it's exactly like you've seen in all the documentaries, right?

1274.569 - 1291.414 Jack Laurence

It's like the whole thing's a play and there's actors just walking around playing the parts of normal citizens. So it very much feels like that. So we got to the airport. We arrived. You go through immigration as you would anywhere in the world. Not very different. You've got a grumpy immigration officer looks at you, stamps your passport. Pick up your baggage.

1291.655 - 1309.621 Jack Laurence

One of the interesting things that happened is we went through, before Alejandro had told us, or I think it was someone from the embassy in North Korea, okay, there's a few no-no's. They're pretty simple no-no's. You'd expect this in any kind of country of a similar ilk. You'd even expect this in Saudi Arabia. Don't bring any porn in.

1310.442 - 1328.74 Jack Laurence

Don't bring any sort of memes that depict the leader as an idiot or whatever you want. No Kim Jong-un memes. And, you know, that basic kind of stuff. But that's kind of basic stuff. I think even if you flew into pretty much anywhere in the world like that, you probably, that's common sense, right? You're not going to do that. So this is where it gets very strange.

1328.8 - 1346.359 Jack Laurence

So we get to the airport and they do, and I've had this at airports across the world traveling and it wasn't particularly peculiar and it was something I expected. As soon as you get there, the immigration officers, once you've got your luggage, they have a customs thing and they go through your phone and your laptop checks. you know, your pictures or whatever. I've had that happen.

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