Comment by JumpCrisscross
17 days ago
> If the North Koreans take your money, your money is taken
If you wire your money to North Korea, forget about it for a week, and then ask a court to intervene you aren’t getting your funds back.
17 days ago
> If the North Koreans take your money, your money is taken
If you wire your money to North Korea, forget about it for a week, and then ask a court to intervene you aren’t getting your funds back.
Are there any American banks that will let you wire money to North Korea?
No. But pretty much any American bank will let you wire to a new Chinese or Singaporean account that sweeps funds every evening to other jurisdiction.
Ok but then you are dealing with criminals willing to run up against those governments.
That’s not an incremental change in risk over a crypto transaction.
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