> Unless you mean they convert dollars... in which case they were just using the dollars already. It's actually pretty hard to spend dollars when you represent

> Unless you mean they convert dollars... in which case they were just using the dollars already. It's actually pretty hard to spend dollars when you represent a sanctioned entity. A DPRK official may have a suitcase full of USD, but no western bank will accept their deposit or accept a transfer from a bank or account associated with the North Korean regime. But if they can find someone who will take their USD in exchange for no-questions-asked crypto, then they get to evade sanctions (at least for a little while).