Sanctions Evasion
Political Economy
Sanctions Evasion and Crypto: The Policy Response to North Korea, Russia, and Iran
North Korea's $1.5B Bybit hack, Russia's post-invasion crypto use, and Iran's years-long crypto mining for sanctions evasion have produced a specific policy response — FATF tightening, OFAC designations, Tornado Cash sanctions — that defines the security dimension of crypto regulation.